Starting a Business using Algebra

needhelp2

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Using Euqation Editor when writing mathematical expression-Starting a Business with a budget of $80,000 loan from family and $38,250 small business loan. These must be repaid in 10 years.
1.)What integer would represent the total budget?
2.) 25% of the budget will be used to rent business space/pay utilities. Write an algebraic expression that indicates how much money will be spent on business space and utilities. Do not solve.
3.) How much money will rent and utilities cost? Explain how you arrived at the answer.

Please help me. I don't even know where to start. needhelp2
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needhelp2 said:
Using Euqation Editor when writing mathematical expression … Why did you tell us this ?

… a budget of $80,000 … and $38,250 …

… What integer would represent the total budget … The word "total" implies that you need to add the two given loan amounts.

… 25% of the [total] budget will be used to rent business space/pay utilities. Write an algebraic expression that indicates how much money [this is] …


25% means 25/100ths. We calculate 25% of an amount by multiplying it by 25/100.

\(\displaystyle \frac{25}{100} \cdot (80000 + 38250)\)

It's hard to tutor students, especially when they don't say anything about why they're stuck. If you want more help with this stuff, then please show your work, or explain what you're thinking, or ask specific questions. Otherwise, we'll end up playing a guessing game. Since I cannot read your mind, I have no idea what you already know about this stufff. 8-)

 
Thank you, you gave me a great start. I'll remember to do what you suggested next time. Thanks a million!
 
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