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Solve the Problem. -A Couple Have Bought a New House and Are Comparing

question 20

Multiple Choice

Solve the problem.
-A couple have bought a new house and are comparing quotes from two moving companies for moving their furniture. Company A charges $120 for the truck and $55 per hour for the movers. Company B charges $110 for the truck and $70 per hour for the movers. Create a cost equation for each company where y is the total cost and x is the number of hours of labor. Write a system of equations.


Definitions:

Trustee

An individual or organization appointed to manage and administer property or assets on behalf of others, usually within a trust.

Debtor's Estate

The collective assets and liabilities of a debtor that are subject to administration in a bankruptcy case.

Administration

In a legal context, it refers to the management and settlement of an estate of a deceased person by an appointed administrator.

Bankruptcy Code

The collection of federal laws and regulations that govern the process of bankruptcy in the United States, as codified under Title 11 of the U.S. Code.

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