Ryan Corporation is relocating its facilities. The company estimates that it will take three trucks to move office contents. If the per truck rental charge is $1,000 plus 25 cents per mile, what is the expected cost to move 800 miles?
a. $1,000
b. $1,200
c. $2,400
d. $3,600
D
3 trucks * ($1,000 + $0.25(800)) = 3 * $1,200 = $3,600
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Which of the following is a two-party instrument?
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