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? 
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document.write( "What variable will you use? What will they represent?
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document.write( "What equations can u write to model this situation?
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document.write( "How can you use a matrix to solve this system \n" );
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| Algebra.Com's Answer #732395 by stanbon(75887)      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 \n" ); document.write( "----- \n" ); document.write( "Quantity Equation:: f + s = 25000 \n" ); document.write( "Interest Equation:: 4f + 6s = 130000 \n" ); document.write( "----------------------------------------------- \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 \n" ); document.write( "------------------------------------- \n" ); document.write( "What equations can u write to model this situation? \n" ); document.write( "See above. \n" ); document.write( "=================== \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 \n" ); document.write( "----- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "---- \n" ); document.write( "------- \n" ); document.write( " \n" ); document.write( " |