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makkiz [27]
3 years ago
6

A pair of sneakers cost $45 now. What would be the cost of the sneakers in ten years if the inflation rate is 7%? Estimate your

answer to the nearest whole number.
Mathematics
1 answer:
Vika [28.1K]3 years ago
3 0
The inflation rate would increase the price of the sneakers to $88.52.
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<h3>Answer:</h3>

(x, y) = (7, -5)

<h3>Step-by-step explanation:</h3>

It generally works well to follow directions.

The matrix of coefficients is ...

\left[\begin{array}{cc}2&4\\-5&3\end{array}\right]

Its inverse is the transpose of the cofactor matrix, divided by the determinant. That is ...

\dfrac{1}{26}\left[\begin{array}{ccc}3&-4\\5&2\end{array}\right]

So the solution is the product of this and the vector of constants [-6, -50]. That product is ...

... x = (3·(-6) +(-4)(-50))/26 = 7

... y = (5·(-6) +2·(-50))/26 = -5

The solution using inverse matrices is ...

... (x, y) = (7, -5)

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