Question: Chapter 1 2 Dynamic Programming - 4 2 - 2 4 . Mr sond age 1 3 , has a lawn - mowing business with

Chapter 12 Dynamic Programming
-42-24. Mr sond age 13, has a lawn -mowing business with 10 customers. For each customer, he cuts the grass 3 times a year. which earns him \(\$ 50\) for each mowing. He has just paid \(\$ 200\) for a new mower. The maintenance and operating cost of the mower is \(\$ 120\) for the firs year in service and increases by \(20\%\) a year thercafter. A 1-year-old mower has a resale value of \(\$ 150\), which decreases by \(10\%\) a year thereafter. My son, who plans to kecp his kssiness until he is 16, thinks that it is more economical to buy a new mower even 2 years He bases his decision on the fact that the price of a new mower will increase only by \(10\%\) a year. Is his decision justified?
 Chapter 12 Dynamic Programming -42-24. Mr sond age 13, has a

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