How long it take for company a and company b to be equal


Problem

Two companies have been asked to submit bids for a specific lab instrument. Each bid is listed below with the cost of the instrument, installation, and monthly reagent costs. How long would it take for Company A and Company B to be equal in overall costs?

 

Instrument A

Instrument B

Cost of Instrument

$10,000

$8,500

Installation Cost

$1,000

$1,250

Reagent Cost (Per month)

$600

$675

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