9. You can purchase an item you need for a project for $10,000 and it has daily

Question:

9. You can purchase an item you need for a project for $10,000 and it has daily operating costs of $500, or you can lease the item for

$700 per day. On which day will the purchase cost be the same as the lease cost?

A. day 5 B. day 10 C. day 50 D. day 100

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