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MAT116Week2_Answer+Key+for+Expressions+and+Equations

MAT116Week2_Answer+Key+for+Expressions+and+Equations -...

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Answer Key for Expressions and Equations—Part 1, Due in Week Two Answers to Appendix C are provided in red below. This answer key is provided as a grading guideline, as there are sometimes many ways to arrive at a correct answer. Please use your professional judgment when assessing student work. Starting a Business Starting your own business can be exciting and daunting at the same time. Businesses use math when managing finances, determining production levels, designing products and packaging, and monitoring labor. A bakery can be a highly profitable and rewarding business. During this activity, you will apply the skills from Ch. 1 & 2 to navigate some of the issues facing bakery owners. Application Practice Answer the following questions. If appropriate, use Equation Editor to show your work. First, save this file to your hard drive by selecting Save As from the File menu. Click the white space below each question to maintain proper formatting. 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.
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