Home work -

Matrices can be used for many purposes, including organizing data, evaluating linear systems, and organizing your finances. What are some ways that matrices can be used for work or personal reasons?

What are some ways that the knowledge of amortization, future value, or interest can be used in the workplace or for personal reasons? How could learning about compound interest assist with retirement planning?

In everyday life, we often try to guess how likely or probable an event is and then base decisions on our guesses. Give an example of informal estimation of probability. Describe how you could calculate the same probability in a more rigorous (formal) way.