Question: A machine your team needs for a project has a daily lease cost of $500 for the first 10 days and the lease cost is

A machine your team needs for a project has a daily lease cost of $500 for the first 10 days and the lease cost is reduced to $200 daily for any days after the first 10 days. If the team decides to purchase the machine, the investment cost is $11,000 and a daily operational cost of $75.

After how many days will the lease cost be same as the purchase cost?

Would this information be valuable for your project? if so how or why?

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