Question
This is an Engineering analysis hw question please show your work and explain what you're doing using your words. Last year you purchased shares in
This is an Engineering analysis hw question please show your work and explain what you're doing using your words.
Last year you purchased shares in three Internet companies: HipsterBeards.com, EpicShoes.com, and StudySkillz.com. The HipsterBeards.com cost you $50 per share, EpicShoes.com stocks cost you $45 per share, and StudySkillz.com cost you $30 per share. You spent a total of $24,400, and purchased twice as many EpicShoes.com shares asStudySkillz.com. The HipsterBeards .com stocks appreciated by 20%, while the other two appreciate ted by 10%, and you sold all the stocks for $3,440 more than you originally paid. How many stocks of each company did you originally purchase?(Solve using a matrix approach)
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