SOLUTION: 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

Question 329238: 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. What integer would represent your total budget?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
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. What integer would represent your total budget?
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Ans:
You owe $118250
You can spend $118250
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Cheers,
Stan H.
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