Question: A machine your team needs for a project has a daily lease cost of $300 for the first 30 days and the lease cost is
A machine your team needs for a project has a daily lease cost of $300 for the first 30 days and the lease cost is reduced to $200 daily for any days after the first 30 days. If the team decides to purchase the machine, the investment cost is $10,000 and a daily operational cost of $100. After how many days will the lease cost be same as the purchase cost?
NOTE: Can you please show the work how you got the days?
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