# Algebra HELP

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)Twenty-five percent of your budget will be used 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)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.

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) =

1. 👍 0
2. 👎 0
3. 👁 224
1. c) rent and utilities cost (1/4)(\$80,000 + \$38,250) = \$29,562.50
d) The new investor contriutes less than (c), since 22,250 < 29,562.50
e) This equation explains itself.
(Initial Loan Sum) + (additional investor contribution) - (rent and utilities)

Just perform the calculation.

1. 👍 0
2. 👎 0
2. 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.

1. 👍 0
2. 👎 0

## Similar Questions

1. ### science help pls pls

Look at the position of Location 1, Location 2, and Location 3 in this picture. Simple diagram of a lake represented by a wavy circle. The circle is labeled 'Lake,' and there are three points outside of the lake: 'Location 1' is

2. ### algebra 1

The number of bagels sold daily for two bakeries is shown in the table. Bakery A Bakery B 53 34 52 40 50 36 48 38 53 41 47 44 55 40 51 39 Based on these data, is it better to describe the centers of distribution in terms of the

3. ### history

Which best defines settlement as it pertains to the history of civilization? a location where two parties resolved disputes or conflict over land ownership a location where groups ceased roaming and built permanent dwellings

4. ### science help pls pls

The table below shows the average annual precipitation over a period of five years in three locations of Florida. Locations | Amount of precipitation 1 between 45- 65 inches 2 more than 96 inches 3 less than 8 inches Which of

1. ### Science

Which scientific finding would be excluded from a particular locationâ€™s fossil record?(1 point) a simple cell living organism**** the shell of a snail plant imprints a jawbone of an ancient animal Which finding best supports the

2. ### Physical Chemistry

A saturated solution of Na2SO4, with excess of the solid, is present at equilibrium with its vapor in a closed vessel. (a) How many phases and components are present? (b) What is the number of degrees of freedom o the system?

3. ### Algebra

Lisa brought half of her savings to the bakery and bought 12 croissants for \$14.20. The amount of money she brings home with her is more than \$2. Use an inequality to find how much money she had in her savings before going to the

4. ### Operation management

14a. Determine the placement of departments for a newly designed facility that will minimize total transportation costs using the data in the following tables. Assume that reverse distances are the same. The locations are shown in

1. ### physics

In a double-slit experiment, it is found that blue light of wavelength 460 nm gives a second-order maximum at a certain location on the screen. What wavelength of visible light would have a minimum at the same location?

2. ### Social Studies

How did the location of the ancient cities of Harappa and Mohenjo-Daro contribute to their development? A. Their location was near major trade routes. B. Their location near rivers provided rich soil that produced plentiful crops.

3. ### Math

If the bakery started with an extra \$250 from the profits in December, describe how to use the information in the table to figure out the profit or loss of money at the bakery by the end of August. Then calculate the profit or

4. ### pronoun

When he arrive at the cafe', Zach started preparing the scones, cookies,and muffins. While bread for sandwiches was purchased from a nearby bakery, he made these himself. Anybody looking for a stale pastry would have to try