document.write( "Question 1117341: Last year your town invested a total of $25,000 into two separate funds. The return on one fund was 4% and the return on the other was 6%. If the town earned a total of $1,300 interest, how much money was invested in each fund?
\n" ); document.write( "What variable will you use? What will they represent?
\n" ); document.write( "What equations can u write to model this situation?
\n" ); document.write( "How can you use a matrix to solve this system
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Algebra.Com's Answer #732395 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
Last year your town invested a total of $25,000 into two separate funds. The return on one fund was 4% and the return on the other was 6%. If the town earned a total of $1,300 interest, how much money was invested in each fund?Q
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\n" ); document.write( "Quantity Equation:: f + s = 25000
\n" ); document.write( "Interest Equation:: 4f + 6s = 130000
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\n" ); document.write( "What variable will you use? What will they represent?
\n" ); document.write( "f is the amount of 4% money
\n" ); document.write( "s is the amount of 6% money
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\n" ); document.write( "What equations can u write to model this situation?
\n" ); document.write( "See above.
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\n" ); document.write( "How can you use a matrix to solve this system
\n" ); document.write( "The coefficient matrix is 2 by 2
\n" ); document.write( "Find it's inverse and multiply the column vector [25000 130000]
\n" ); document.write( "to see the values of \"f\" and \"s\".
\n" ); document.write( "f = $10000 ; s = $15000
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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