Multiple Choice
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?
A) 10
B) 15
C) 30
D) 60
Correct Answer:
Verified
Correct Answer:
Verified
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