document.write( "Question 138200: 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 moneyu is invested at 6% as invesated at 10%. How much is invested in each of the funds.\r
\n" ); document.write( "\n" ); document.write( "My professor wants us to accomplish the following items.\r
\n" ); document.write( "\n" ); document.write( "a. set up the 3 linear equations in 3 variables
\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( "

Algebra.Com's Answer #101317 by stanbon(75887)\"\" \"About 
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( "
\n" );