For the following exercises, set up the augmented matrix that describes the situation, and solve for the

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For the following exercises, set up the augmented matrix that describes the situation, and solve for the desired solution.

You invested $2,300 into account 1, and $2,700 into account 2. If the total amount of interest after one year is $254, and account 2 has 1.5 times the interest rate of account 1, what are the interest rates? Assume simple interest rates.

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Precalculus

ISBN: 9781938168345

1st Edition

Authors: Jay Abramson

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