
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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11. Joan is moving from a one-bedroom apartment in one city to a similar
apartment in another city. She has been quoted a flat fee for the truck rental
and has two estimates for wages of the movers she will hire depending on her
needs and when she moves. Determine the hourly rates.
Weekday Move:
3 hours
loading/unloading
2 hours
packing/unpacking
$480 total cost
Weekend Move:
5 hours
loading/unloading
2 hours
packing/unpacking
$680 total cost
A. $90 loading/unloading; $100 packing/unpacking
B. $100 loading/unloading; $90 packing/unpacking
C. $80 loading/unloading; $130 packing/unpacking
D. $130 loading/unloading; $80 packing/unpacking
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