document.write( "Question 138200: using matrix calculations the question is as follows
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document.write( "A total of $ 50,000 is invested in three funds paying 6%,8%, and 10% simple interest. The yearly interest is $3700.00. Twice as much moneyu is invested at 6% as invesated at 10%. How much is invested in each of the funds.\r
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document.write( "My professor wants us to accomplish the following items.\r
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document.write( "a. set up the 3 linear equations in 3 variables
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document.write( "b. put the coeficients into a matrix
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document.write( "c. solve the matrix any method you like
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document.write( "d. provide the solution for x,y, and z. \n" );
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Algebra.Com's Answer #101317 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! using matrix calculations the question is as follows \n" ); document.write( "A total of $ 50,000 is invested in three funds paying 6%,8%, and 10% simple interest. The yearly interest is $3700.00. Twice as much money is invested at 6% as invested at 10%. How much is invested in each of the funds. \n" ); document.write( "My professor wants us to accomplish the following items. \n" ); document.write( "a. set up the 3 linear equations in 3 variables \n" ); document.write( "Quantity Eq.: \n" ); document.write( "x + y + z = 50,000 \n" ); document.write( "Interest equation: \n" ); document.write( "0.06x + 0.08y 0.10z = 3700 \n" ); document.write( "Relation equation: \n" ); document.write( "x = 2z \n" ); document.write( "------------------- \n" ); document.write( "Rearrange equations: \n" ); document.write( "x + y + z = 50,000 \n" ); document.write( "0.06x + 0.08y 0.10z = 3700 \n" ); document.write( "x + 0 -2z = 0 \n" ); document.write( "--------------------------- \n" ); document.write( "Solution got by using Matrix function on TI calculator: \n" ); document.write( "x = 30000 \n" ); document.write( "y = 5000 \n" ); document.write( "z = 15000 \n" ); document.write( "------------ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H.\r \n" ); document.write( "\n" ); document.write( "b. put the coeficients into a matrix \n" ); document.write( "c. solve the matrix any method you like \n" ); document.write( "d. provide the solution for x,y, and z. \n" ); document.write( " \n" ); document.write( " |