Suppose that the purchase price for a piece of equipment is $12,000, with operational costs of $400 per day. If the same equipment can be leased for $800 per day (inclusive of operational costs), after how many days will the lease cost equal the purchase cost? 1. 60 2. 30 3. 15 4. 10
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Suppose that the purchase price for a piece of equipment is $12,000, with operational costs of $400...
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