Question 1: You have recently found a location for your bakery and have begun implementing the first phases of your business plan. Your budget consists of an $80,000 loan from your family and a $38,250 small business loan. These loans must be repaid in full within 10 years. a) What integer would represent your total budget? A = $80,000

$80,000 + $38,250 = x
$1118,250 = x
Is this the correct answer?

no

What integer would represent your total budget

No, the correct answer for the total budget would be $118,250. To get this answer, you simply need to add the two loan amounts together. So, $80,000 + $38,250 = $118,250.