Posted by Mary K on Sunday, August 2, 2009 at 8:06pm.
0.25(118,250) = x
Is the following in addititon too what I have? I am not sure how to read the question? "Suppose an investor has increased my budget ($118,250) by $22,250. The investor does not need to be repaid. Rather, he becomes part owner of my business. Will the investor contribute enough money to meet the cost of rent and utilities"? (0.25(118,250) = x the cost of space and utilities).
Support your answer, and write an equation or inequality that illustrates your answer.
0.25(118,250) = 29,562.50
The investor's money is less than the cost of the space and utilities.
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