Compound interest is the starting amount x (1+ the interest rate as a decimal)^ the time in years=the final amount.
In your case, the equation will be $1000*(1+0.10)^how many years= the final amount.
Answer:
3) yes, it is in the shaded region
4) no, it lies on a less-than line
5) yes, it lies on a greater-than-or-equal-to line
6) no, it isnt in the shaded region
Step-by-step explanation:
Total commission that Lamar got is:
6.5/100×785,000
=$51,025
Amount that Lamar split with his broker:
40/100×51025
=$20410
Amount that brokerage split
=50/100×20410
$10205
Total amount Lamar received $10205
You would split the rope by 1/3
The required matrix is:
![\left[\begin{array}{ccc}-25&17&0\\8&-1&3\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-25%2617%260%5C%5C8%26-1%263%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Step-by-step explanation:
We need to apply elementary row operation -2R₂+3R₁ tothe matrix:
![A=\left[\begin{array}{ccc}-3&5&2\\8&-1&3\\\end{array}\right]](https://tex.z-dn.net/?f=A%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-3%265%262%5C%5C8%26-1%263%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Multiplying Row 2 with -2 and Row1 with 3 and adding,
-9 15 6
-16 2 -6
----------
-25 17 0
After applying this operation, Row 1 will be changed while Row 2 will remain same because we get -2R₂+3R₁ -> R₁
The required matrix is:
![\left[\begin{array}{ccc}-25&17&0\\8&-1&3\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-25%2617%260%5C%5C8%26-1%263%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Keywords: Matrices, elementary row operation
Learn more about matrices at:
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