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  3. jade has $24,500 to invest. she decides to divide

Jade has $24,500 to invest. She decides to divide it into the three accounts listed. At...

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Basic Math

  1. Jade has $24,500 to invest. She decides to divide itinto the three accounts listed. At the end of the year, she hasearned $1,300 in interest. If the amount invested in Hanes Oil wasfour times the amount of money invested in Gary Games, how much didJade invest in each account?

Company

Yield

Hanes Oil

4%

Gary Games

5.5%

Audrey Fragrances

6%

  1. Write down the system of equations describing thissituation. Be sure to define the variables.




b) State the matrix for this system ofequations.






c) Write down the reduced-row echelon form (i.e., the“answer matrix”) given by your calculator.







d) Explain in 1-2 sentences the meaning of theseresults.

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