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Old 4th July 2004 | 08:50
  #5 (permalink)  
charlie s charlie
 
Joined: Aug 2003
Posts: 60
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From: UK
If you look at their cost justification here there is this paragraph:
Based on $105/hr student charge, less $25 instructor fees and $4 direct operating expense = $76/hr net profit, and
Assuming a monthly debt service of $ 1,687 (60 month, 5.9% APR/OAC lease, $1 simulator buy-out):
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