Ask
your own question, for FREE!
Mathematics
4 Online
Anna asks her broker to divide her investment of $2000 among three funds, X, Y, and Z. She decides that her investment in X should be twice her investment in Z. During the first quarter, X earned 4.5%, Y earned 2.6%, and Z lost 0.2%. Anna earned $58 on her investment during that period. How many dollars did the broker put into each fund?
Still Need Help?
Join the QuestionCove community and study together with friends!
\[ x+y+z = 2000 \]\[ 0.045x+0.026y-0.002z = 58 \]
\[ x = 2z \]
This is a matrix: \[ \begin{bmatrix} 1&1&1\\ 0.045&0.026&0.002 \\ 1&0&-2 \end{bmatrix} \begin{bmatrix} x\\y\\z \end{bmatrix} = \begin{bmatrix} 2000\\58\\0 \end{bmatrix} \]
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
abby2blessed:
How do you guys feel about second chances? Concerning relationships, both romantic and otherwise.
TJH:
love Love, it comes, it goes But what if it stayed stayed in the silence the storm stayed when the world was loud for me it's different; it left when it was
Puffer:
General question what came first the chicken or the egg itu2019s a trick question
Bounty:
the world keeps moving fast and I'm stuck in a time lapse all I need is a minute
Bounty:
can I get so tips on how to start my journey into semi-realism art also on how to
Strawberryluna:
Read my poem. Im not for criticism its a poem I wrote after my breakup: Youu2019ll never understand the way you made me break, I hate that I still love you
4 days ago
0 Replies
0 Medals
5 days ago
4 Replies
3 Medals
4 days ago
5 Replies
1 Medal
1 week ago
4 Replies
0 Medals
2 weeks ago
0 Replies
0 Medals
5 days ago
5 Replies
2 Medals