$80,000 loan from family, $38,250 small business loan (loans to be paid back in ten yrs.) total budget $118,250, 25% of budget for rent and utilities equals $29,562.50, an investor increased budget by $22,250 investor does not need to be repaid. 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) =

Question

$80,000 loan from family, $38,250 small business loan (loans to be paid back in ten yrs.) total budget $118,250, 25% of budget for rent and utilities equals $29,562.50, an investor increased budget by $22,250 investor does not need to be repaid.  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) =