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Economics

An engineering firm can lease a measurement system for $1,000 per month or purchase one for $15,000. The leased system will have no monthly maintenance cost, but the purchased one will cost $80 per month. At an interest rate of 0.5% per month, how many months must the system be required to breakeven?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91671627

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