document.write( "Question 129339: Using matrix calculations, solve the following problem. Show Your Work. \r
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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 $3,700. Twice as much money is invested at 6% as invested at 10%. How much is invested in each of the funds.\r
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document.write( "set up the 3 linear equations in 3 variables
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document.write( "put the coefficients into a matrix
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document.write( "solve the matrix using any method you like
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document.write( "provide the solutions for x, y, and z. \r
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document.write( "I have two equations already which are:
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document.write( ".06x+.08y+.10z=3,700
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document.write( "x+y+z=50,000
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document.write( "How and where do I get the last equation? I am not really sure what to do with this problem from here. Can someone please help me. I have been at this all day. Thank you
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Algebra.Com's Answer #94483 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Using matrix calculations, solve the following problem. Show Your Work. \n" ); document.write( "A total of $50,000 is invested in three funds paying 6%, 8%, and 10% simple interest. The yearly interest is $3,700. Twice as much money is invested at 6% as invested at 10%. How much is invested in each of the funds. \r \n" ); document.write( "\n" ); document.write( "set up the 3 linear equations in 3 variables \n" ); document.write( "put the coefficients into a matrix \n" ); document.write( "solve the matrix using any method you like \n" ); document.write( "provide the solutions for x, y, and z \n" ); document.write( "---------------------------- \n" ); document.write( "Quantity Equation: x + y + z = 50,000 \n" ); document.write( "Interest EQUATION:0.06x + 0.08y + 0.10z = 3700 \n" ); document.write( "Relation Equation: x + 0 - 2z = 0 \n" ); document.write( "-------------------------- \n" ); document.write( "Using the Matrix function of a TI calculator I got: \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. \n" ); document.write( " \n" ); document.write( " |