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If you buy the cost is 29000 and the one-time cost of

You are considering whether to buy or lease a machine for your heavy engineering plant. The Finance Department provided the following information:

If you buy, the cost is $ 29,000 and the one-time cost of procurement and integrating in your company is $1000.
If you lease, you have to pay $ 10,000 as down-payment and $ 5,000 per month license fee.
What is the breakeven duration after which you should buy (instead of leasing) the product?

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