What is the annual interest earned on a $4,000 deposit with a simple interest rate of 3%?
2 answers:
You might be interested in
Answer:
Solution : (15, - 11)
Step-by-step explanation:
We want to solve this problem using a matrix, so it would be wise to apply Gaussian elimination. Doing so we can start by writing out the matrix of the coefficients, and the solutions ( - 5 and - 2 ) --- ( 1 )
Now let's begin by canceling the leading coefficient in each row, reaching row echelon form, as we desire --- ( 2 )
Row Echelon Form :
Step # 1 : Swap the first and second matrix rows,
Step # 2 : Cancel leading coefficient in row 2 through ,
Now we can continue canceling the leading coefficient in each row, and finally reach the following matrix.
As you can see our solution is x = 15, y = - 11 or (15, - 11).