1) Maria invested a total $26000 into three accounts: a saving account paying 3% interest, a CD deposit paying 4% interest, and a bond paying 5% interest. Her total annual interest from the three investments was $1000. The interest from the saving account was $460 less than the total interest from the other two investments. what is the determinant of the matrix? a. how much will Maria invest in saving account? b. how much will Maria invest in CD deposit? c. how much will Maria invest in bond paying?

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter3: Matrices
Section3.1: Matrix Operations
Problem 19EQ: A factory manufactures three products (doohickies, gizmos, and widgets) and ships them to two...
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1) Maria invested a total $26000 into three accounts: a saving account paying 3% interest, a CD deposit paying 4% interest, and a bond paying 5%
interest.
Her total annual interest from the three investments was $1000. The interest from the saving account was $460 less than the total
interest from the other two
investments. What is the determinant of the matrix?
a. how much will Maria invest in saving account?
b. how much will Maria invest in CD deposit?
c. how much will Maria invest in bond paying?
Transcribed Image Text:1) Maria invested a total $26000 into three accounts: a saving account paying 3% interest, a CD deposit paying 4% interest, and a bond paying 5% interest. Her total annual interest from the three investments was $1000. The interest from the saving account was $460 less than the total interest from the other two investments. What is the determinant of the matrix? a. how much will Maria invest in saving account? b. how much will Maria invest in CD deposit? c. how much will Maria invest in bond paying?
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