SOLUTION: I can't figure this problem out. I would vey much appreciate some help with it, please: A business purchased a new machine for $500,000 to use. The business must pay the investor

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Question 129622: I can't figure this problem out. I would vey much appreciate some help with it, please: A business purchased a new machine for $500,000 to use. The business must pay the investor $550 every time the machine is used. If the business charges $2000 for each use, what is the minimun number of times it must be used in order for the business to make a profit?
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Let = number of times machine is used
is payment to investor each time it is used
is income from each use
I need to find the break-even point



So, the machine must be used 35 times to make a profit

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