We are planning to use sage for a calculus course,and got some money
to buy a dedicated computer. There will be around 20 students using it
simultaneously, doing mostly simple computations on it.
We have offers for an intel core i5 (4 threads) and a core i7 (8
threads), both with 16 gigs of RAM).

Would the difference in performance be worth the 100 euros of
difference in the price?. Or stated in another form: how important is
the number of threads of the processor for the performance of a sage
server?

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