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A contractor owns a unit of equipment that costs $ 2 0 / hour , based on a usage of 1 , 8 0 0
A contractor owns a unit of equipment that costs $hour based on a usage of work hours per year. For this equipment, the annual cost of ownership can be calculated as $hour x hours $ per year. Suppose this equipment can be rented for $ per month, $ per week, or $ per day. Determine the hourly costs of rental.
For monthly rental, what is the cost per hour?
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