EXAMPLE OF A 1,000 Sq.Ft. LAWN WITH MONTHLY MAINTENANCE EXPENSE
50,000 Gallons of water per year @.003 per gallon | $150 | |
670 pounds of yard waste disposal | $ 50 | |
80 hours landscape maintenance @ $10 perhour | $800 | |
TOTAL COST | $1,000 |
6,000 Gallons of water per year @ .003 per gallon | $ 18 | |
20 Lbs. yard waste | $ 28 | |
15 hours of landscape maintenance @ $10 per hour | $150 | |
TOTAL COST | $196 | |
Annual savings with Drought Tolerant Plants | $804 |
If you invested your annual savings of $804 at 8% for 10 years you would have $14,141 in your retirement account!
Year |
Year Deposits |
Year Interest |
Total Deposits |
Total Interest |
Balance |
1 |
$804.00 |
$103.10 |
$1,616.00 |
$103.10 |
$1,719.10 |
2 |
$804.00 |
$178.39 |
$2,420.00 |
$281.49 |
$2,701.49 |
3 |
$804.00 |
$259.93 |
$3,224.00 |
$541.42 |
$3,765.42 |
4 |
$804.00 |
$348.23 |
$4,028.00 |
$889.65 |
$4,917.65 |
5 |
$804.00 |
$443.87 |
$4,832.00 |
$1,333.52 |
$6,165.52 |
6 |
$804.00 |
$547.44 |
$5,636.00 |
$1,880.97 |
$7,516.97 |
7 |
$804.00 |
$659.61 |
$6,440.00 |
$2,540.58 |
$8,980.58 |
8 |
$804.00 |
$781.09 |
$7,244.00 |
$3,321.66 |
$10,565.66 |
9 |
$804.00 |
$912.65 |
$8,048.00 |
$4,234.32 |
$12,282.32 |
10 |
$804.00 |
$1,055.13 |
$8,852.00 |
$5,289.45 |
$14,141.45 |