29. A trust fund has ? 30,000 that must be invested in two different types of bonds.
The first bond pays 5% interest per year, and the second bond pays 7% interest per year. Using matrix multiplication, determine how to divide ? 30,000 among the two types of bonds. If the trust fund must obtain an annual total interest of:
(a) 1800 (b) 2000
29. A trust fund has ? 30,000 that must be invested in two different types of bonds.
The first bond pays 5% interest per year, and the second bond pays 7% interest per year. Using matrix multiplication, determine how to divide ? 30,000 among the two types of bonds. If the trust fund must obtain an annual total interest of:
(a) 1800 (b) 2000
-
1 Answer
-
let x be the investment in the first bond out of total '30,000.
(M) then, investment use for the second bond = ' 30,000 - x.
Hence, investment matrix A =
As there is 5% and 7% interest paid the first and second , (per year)


Manual total interest = '
(a) Given, manual total interest = ' 1800.
' 210.000 - '180,000 = 2x
x = ' 15, 000
∴investment in first and second bond is x = 15,000 and ' 30,000 –x = ' 30,000 - '15,000 - ' 15,000 respectively.
(b) Given ,Annual total interest = ' 2000.
' 2,10, 000 - ' 2,00,000
' 2,10, 000 - '2; 000 = 2x
x = ' 5,000
∴investment in first and second hand is x = &nbs
...more
Similar Questions for you
Let
Given ...(1)
∴ x1 + z1 = 2 … (2)
x2 + z2 = 0 … (3)
x3 + z3 = 0 … (4)
Given
⇒ – x1 + z1 = −4 … (5)
–x2 + z2 = 0 &nbs
g (x) = px + q
Compare 8 = ap2 …………… (i)
-2 = a (2pq) + bp
0 = aq2 + bq + c
=>4x2 + 6x + 1 = apx2 + bpx + cp + q
=> Andhra Pradesh = 4 ……………. (ii)
6 = bp
1 = cp + q
From (i) & (ii), p = 2, q = -1
=> b = 3, c = 1, a = 2
f (x) = 2x2 + 3x + 1
f (2) = 8 + 6 + 1 = 15
g (x) = 2x – 1
g (2) = 3
Kindly consider the following figure
B = (I – adjA)5
Kindly consider the following figure
B = (I – adjA)5
System of equation is
R1 – 2 R2, R3 – R2
System of equation will have no solution for
= -7.
Taking an Exam? Selecting a College?
Get authentic answers from experts, students and alumni that you won't find anywhere else
Sign Up on ShikshaOn Shiksha, get access to
- 65k Colleges
- 1.2k Exams
- 682k Reviews
- 1800k Answers