44. Debt payment Ace, Baker, and Champ are being purchased by ALCO, Inc., and their outstanding debts must be paid by the purchaser. The following matrix gives the amounts of debt in dollars and the terms for the companies being purchased. Due in 30 days Due in 60 days Ace 120,000 180,000 Baker 75,000 45,000 Champ 105,000 174,000 (a) If ALCO pays 35% of the amount owed on each debt, write the matrix giving the remaining debts. (b) Suppose ALCO decides to pay 80% of all debts due in 30 days and to increase the debts due in 60 days by 20%. Write a matrix that gives the debts after these transactions are made.

44. Debt payment Ace, Baker, and Champ are being purchased by ALCO, Inc., and their outstanding debts must be paid by the purchaser. The following matrix gives the amounts of debt in dollars and the terms for the companies being purchased. Due in 30 days Due in 60 days Ace 120,000 180,000 Baker 75,000 45,000 Champ 105,000 174,000 (a) If ALCO pays 35% of the amount owed on each debt, write the matrix giving the remaining debts. (b) Suppose ALCO decides to pay 80% of all debts due in 30 days and to increase the debts due in 60 days by 20%. Write a matrix that gives the debts after these transactions are made.

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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