document.write( "Question 63494: You have $9,000 to invest in three Internet companies listed on the stock market. You expect the annual returns for companies A, B and C to be 10%, 9% and 6%, respectively. You want the combined investment in comapnies B and C to be twice that of company A. How much should you invest in each company to obtain an average return of 8%?\r
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document.write( "1.) Set up three equations.
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document.write( "2.) Solve using any of the differnt types of matrix equations, and state which method you are using. \r
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document.write( "** Please help me with this if you can, I have been trying for about an hour and a half now, and I am completley stumped!! THANK YOU!! \n" );
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Algebra.Com's Answer #44166 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! 1.) Set up three equations. \n" ); document.write( "A+B+C=9000 \n" ); document.write( "2A=B+C \n" ); document.write( "0.1A+0.09B+0.06C=0.13*9000 \n" ); document.write( "--------------------------- \n" ); document.write( "Matrices:\r \n" ); document.write( "\n" ); document.write( "1......1......1 \n" ); document.write( "2.....-1.....-1 \n" ); document.write( "0.10..0.09..0.06 \n" ); document.write( "==================== \n" ); document.write( "9000 \n" ); document.write( "0 \n" ); document.write( "1170 \n" ); document.write( "----------------------- \n" ); document.write( "Multiply the inverse of the 3 x 3 matrix times the 3 x 1 matris \n" ); document.write( "to get the solution matrix: \n" ); document.write( "A=3000 \n" ); document.write( "B=17000 \n" ); document.write( "C=-11000 \n" ); document.write( "Comment: This doesn't make any sense. \n" ); document.write( "------------------------ \n" ); document.write( "2.) Solve using any of the differnt types of matrix equations, and state which method you are using. \n" ); document.write( "Not sure what they mean by this. \n" ); document.write( "------------ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |