(a) Randall has a total amount of $ in his savings account and in a certificate of deposit.
Savings account earns % interest annually and certificate of deposit
% interest annually.
Randall calculates his interest earnings for the end of the year will be $ .
Consider savings account amount as and certificate of deposit amount as
.
Therefore,
\ and
System of equations are and
.
(b) The system of equations are and
.
Cramers rule : Solutions of the system of equations
and
for
.
Co-efficient matrix .
Calculate the determinant of matrix .
.
Find .
.
.
The solution of the system of equations are and
.
Randall has saving account $.
Randall has certificate of deposit $.
(a)
\System of equations are and
.
(b)
\Randall has saving account $.
Randall has certificate of deposit $.