Answer:
Step-by-step explanation:
CI = 624 x 1.05 ^3 =722.358 for whole investment 722.36-624 =98.36 for interest only
or for interest only do 624 x .05^3 = 98.36
Standard interest is done like this
year 1 = 624 x 1.05 = 655.20
655.20-624 = 31.20
year 2 = 655.20 + 31.20 = 686.40
year 3 = 686.40 + 31.20 = 717.60
total interest = 717.60-624 = 93.60
So standard interest is the method you have done they may be asking for either compound interest which is the first one or asking for whole investment which means you need to also add 624 at end for Standard interest.
if you need CI interest do the top one.
This looks like scalar matrix multiplication. The idea here is to multiply the scalar 3 by each item inside the matrix.
Doing so leads to the answer [3 -12 15 -21]
Side note: I'm assuming the matrix given to you has 1 row and 4 columns.
Answer:
x= 13/22
Step-by-step explanation:
you can substitute y= 34 x on the second equation
34x = -54x +52 add 54x to both sides
34x +54x = -54x +54x +52
88x = 52 divide both side by 4
22x = 13 divide both sides by 22
x= 13/22
It is $4.68. You do $58.45 times 0.08, which is $4.676, but you round that to $4.68.
