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.

  1. 👍
  2. 👎
  3. 👁

Respond to this Question

First Name

Your Response

Similar Questions

  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. 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. 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

  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. 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

  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

    A bakery sells 5800 muffins in 2010. The bakery sells 7420 muffins in 2015. Write a linear model that represents the number y y of muffins that the bakery sells x x years after 2010

  4. Science

    Which scientific finding would be excluded from a particular location’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

  1. Art

    1) what is te message of the monument? 2) why was a particular location chosen for its display? 3) Do you ageee with the chosen location for display? 4) Do you feel that the best way to communicate the message of the piece? 5)

  2. mathematics

    A dozen organic eggs cost $15. A bakery ordered thirty-two dozen organic eggs. How much did the bakery pay for the eggs?

  3. science check

    The lake water in a location in Florida has been found to contain high levels of fecal coliform. What are people in the location most likely to do? breed fish in the lake stop swimming in the lake reduce their water consumption

  4. Math

    As the earth revolves around the sun, distant objects can be seen from different locations. This idea can be used to measure the distance between earth and nearby stars and is called stellar parallax. To see how this process

You can view more similar questions or ask a new question.