Please help with this.
1 answer:
You might be interested in
Answer:
You should choose an account with a 7% annual interest rate which is compounded quarterly
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
part 1)
we have
substitute in the formula above
part 2)
we have
substitute in the formula above
The answer of the matrix equation will be
Matrices are known as the tables of numbers. The numbers are usually put into the big brackets. Matrices are given the 'orders', which describes the size of the matrices. The order is the number of rows 'by' the number of columns. For example: a 2 by 3 matrix has 2 rows and 3 columns.
Step-by-step explanation:
1.Find the inverse matrix of the equation
The inverse of this equation will be :
2.Multiply it with
3.Multiply the rows of the first matrix with the columns of another
2×5+(-3)×4
(-1)×5+2×4
4.Simply each element
The answer will be
To know more about Matrix, visit:
#SPJ9