Ok. when it comes to writing expression I get all confused can some help with this problem.....please
Suppose 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.
How much is rent and utilities?
I figure that are 25%
25 percent of what. How can you answer if 22,500 will cover some expenses if you don't know the dollar amount. Am I missing something here?
To determine whether the investor has contributed enough money to meet the cost of rent and utilities, we need to compare the amount contributed by the investor to the cost of rent and utilities.
Let's assume that the cost of rent and utilities is represented by the variable "C."
To write an equation or inequality that represents the situation, we need to compare the amount contributed by the investor to the cost of rent and utilities.
Since the investor has increased the budget by $22,250, we can represent the amount contributed by the investor as $22,250.
Now, we need to compare this amount to the cost of rent and utilities (C). There are a few possible scenarios:
1. If the investor's contribution is exactly equal to the cost of rent and utilities, the equation would be:
$22,250 = C
2. If the investor's contribution is more than the cost of rent and utilities, we can use the inequality greater than or equal to:
$22,250 ≥ C
3. If the investor's contribution is less than the cost of rent and utilities, we can use the inequality less than:
$22,250 < C
To support our answer, we would need to know the specific value of the cost of rent and utilities (C) and compare it to the investor's contribution.