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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 $20/hour, based on a usage of 1,800 work hours per year. For this equipment, the annual cost of ownership can be calculated as $20/hour x 1,800 hours = $36,000 per year. Suppose this equipment can be rented for $4,000 per month, $1,500 per week, or $500 per day. Determine the hourly costs of rental.
For monthly rental, what is the cost per hour?

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