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?

b.You will use 25% of your budget to rent business space and pay for utilities. Write an algebraic expression that indicates how much money will be spent on business space and utilities. Do not solve.

c.How much money will rent and utilities cost? Explain how you arrived at this answer.

d.Imagine an investor has increased your budget by $22,250. The investor does not need to be repaid. Rather, he becomes part owner of your business. Will the investor contribute enough money to meet the cost of rent and utilities? Support your answer and write an equation or inequality that illustrates your answer.

e.This equation illustrates your remaining funds after paying for rent and utilities. How much money is left? Explain how you arrived at your answer.

$38,250 + $80,000+ $22,250-0.25($80,000 + $38,250) =

a. Budget = $80,000 + $38,250 = $118,250.

b. Amt. = 0.25($80,000+$38,250).

c. $29.562.50 (From "b").

d. No. $29,562.50 - $22,250 = %7312.50.

e. Do the addition and subtraction.

'b"

a. To represent the total budget, you would add the $80,000 loan from your family and the $38,250 small business loan:

Total budget = $80,000 + $38,250

b. To represent the amount of money spent on business space and utilities, you would use 25% of the total budget. Let's call this amount "x":

Money spent on business space and utilities = 0.25 * (Total budget)

c. To find out how much money will be spent on rent and utilities, you need to substitute the total budget value into the algebraic expression from part b:

Money spent on business space and utilities = 0.25 * ($80,000 + $38,250)

Calculate the expression above to find the cost of rent and utilities.

d. To determine if the investor's contribution is enough to meet the cost of rent and utilities, you need to compare the investor's increased budget with the cost of rent and utilities.

Investor's budget increase = $22,250

New total budget (including the investor's contribution) = Total budget + Investor's budget increase

Compare the new total budget with the cost of rent and utilities to determine if it's enough.

e. To calculate the remaining funds after paying for rent and utilities, you subtract the cost of rent and utilities from the new total budget:

Remaining funds = New total budget - Cost of rent and utilities

Substitute the values into the equation to find the answer.