Business 1: This is a real estate business. You buy property to rent to customers in order to make a profit. You Start by with R1 000 000 and buy a property from the bank for R950 000. The property has three homes to rent out. One is a one bedroom, another a two bedroom and the last is a 3 bedroom house. You need to make a business plan where you get the money back within 10 years. Business 2: You have a business where you provide monthly grocery packs to make peoples lives easier. It costs you R800 to buy the stock for The Bank: one pack. You have to decide how much you sell each pack for to make a profit. The Banks takes note of all transactions including its own. Customer 1: You recently received your degree and have landed your first job. You earn R5 000 per month. You need to make a budget including food and accommodation for just you for every month. Customer 2: You have recently married the person of your dreams. You have moved to a new town and you each have new jobs. Together you earn R7 000. You need to set up a budget for accommodation and food for the both of you with enough to spare for entertaining guests. Customer 3: You and your spouse have twin boys. You have moved to a new town but work from home. Together you earn R10 000. Create a budget Everyone: including accommodation and food for your whole family. Determine if your scenario works out. If not try again.
Business 1: This is a real estate business. You buy property to rent to customers in order to make a profit. You Start by with R1 000 000 and buy a property from the bank for R950 000. The property has three homes to rent out. One is a one bedroom, another a two bedroom and the last is a 3 bedroom house. You need to make a business plan where you get the money back within 10 years. Business 2: You have a business where you provide monthly grocery packs to make peoples lives easier. It costs you R800 to buy the stock for The Bank: one pack. You have to decide how much you sell each pack for to make a profit. The Banks takes note of all transactions including its own. Customer 1: You recently received your degree and have landed your first job. You earn R5 000 per month. You need to make a budget including food and accommodation for just you for every month. Customer 2: You have recently married the person of your dreams. You have moved to a new town and you each have new jobs. Together you earn R7 000. You need to set up a budget for accommodation and food for the both of you with enough to spare for entertaining guests. Customer 3: You and your spouse have twin boys. You have moved to a new town but work from home. Together you earn R10 000. Create a budget Everyone: including accommodation and food for your whole family. Determine if your scenario works out. If not try again.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.6: Solve Applications With Linear Inequalities
Problem 3.110TI: Christian has been offered a new job that pays $24,000 a year plus 3% of sales. For what total sales...
Related questions
Question
not use ai please
Transcribed Image Text:Business 1: This is a real estate business. You buy property to rent to
customers in order to make a profit. You Start by with
R1 000 000 and buy a property from the bank for R950 000. The
property has three homes to rent out. One is a one bedroom,
another a two bedroom and the last is a 3 bedroom house. You
need to make a business plan where you get the money back within
10 years.
Business 2: You have a business where you provide monthly grocery packs to
make peoples lives easier. It costs you R800 to buy the stock for
The Bank:
one pack. You have to decide how much you sell each pack for to
make a profit.
The Banks takes note of all transactions including its own.
Customer 1: You recently received your degree and have landed your first job.
You earn R5 000 per month. You need to make a budget including
food and accommodation for just you for every month.
Customer 2: You have recently married the person of your dreams. You have
moved to a new town and you each have new jobs. Together you
earn R7 000. You need to set up a budget for accommodation and
food for the both of you with enough to spare for entertaining
guests.
Customer 3: You and your spouse have twin boys. You have moved to a new town
but work from home. Together you earn R10 000. Create a budget
Everyone:
including accommodation and food for your whole family.
Determine if your scenario works out. If not try again.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
