Budget $80,000 & $38,000.
25% OF THIS BUDGET WILL BE USED TO RENT BUSINESS SPACE & PAY FOR UTLITIES.Write an algebraic expression that indicates how much money will be spent on business space & utilities. Don't solve.
How much money will rent & utilities cost? Explain how you got your answer. Please, thank you
Budget = 80,000 + 38,000 = $118,000
Cost rent & utilities = 0.25*118.000.
Money spent rent & utilities. Solve the expression above. 25*118,000 = $29,500.00
Check my thinking. Check my work.
To write an algebraic expression that indicates how much money will be spent on business space and utilities, we need to use the given percentages and the budget amount.
Let's start by calculating 25% of the budget for business space and utilities.
For the budget of $80,000, the expression would be:
0.25 * $80,000
For the budget of $38,000, the expression would be:
0.25 * $38,000
Now, to explain how we got the answer, we multiply the budget amount by the percentage (25%). Multiplying a number by a decimal is equivalent to finding 25 hundredths (or 25%) of that number. Therefore, by multiplying the budget amount by 0.25, we are calculating 25% of the budget, which gives us the amount of money that will be spent on business space and utilities.