A real estate company plans to spend $3 million to purchase 200 new lots. Flat-surface lots cost $10,000, small uptown lots cost $15,000, and large uptown lots cost $25,000. The company needs twice as many flat lots as small uptown lots. Determine how many pieces of land of each type can be purchased. Solve the problem by Gaussian elimination

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter6: Matrices And Determinants
Section: Chapter Questions
Problem 4CC
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A real estate company plans to spend $3 million to purchase 200 new lots. Flat-surface lots cost $10,000, small uptown lots cost $15,000, and large uptown lots cost $25,000. The company needs twice as many flat lots as small uptown lots. Determine how many pieces of land of each type can be purchased. Solve the problem by Gaussian elimination.

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