Someone plans to buy 100 shares of computer stock, 250 shares of oil stock, and 400 shares of automobile stock. The computer stock is selling for 64 dollars a share, oil stock is selling for 42 dollars a share, and automobile stock is selling for 19 dollars a share. Use matrix multiplication to calculate the total cost of the purchases. C
Someone plans to buy 100 shares of computer stock, 250 shares of oil stock, and 400 shares of automobile stock. The computer stock is selling for 64 dollars a share, oil stock is selling for 42 dollars a share, and automobile stock is selling for 19 dollars a share. Use matrix multiplication to calculate the total cost of the purchases. C
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.2: Guassian Elimination And Matrix Methods
Problem 76E
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![Someone plans to buy 100 shares of computer stock, 250 shares of oil stock, and 400 shares of automobile stock. The computer stock is selling for 64 dollars a share, oil
stock is selling for 42 dollars a share, and automobile stock is selling for 19 dollars a share. Use matrix multiplication to calculate the total cost of the purchases.
The total cost of the purchases is $.
C](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3537a5bf-9ba4-4d46-9d69-9809ffbc0823%2F4840602f-394b-4bc4-a328-08b0691a6c68%2Fdq244vr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Someone plans to buy 100 shares of computer stock, 250 shares of oil stock, and 400 shares of automobile stock. The computer stock is selling for 64 dollars a share, oil
stock is selling for 42 dollars a share, and automobile stock is selling for 19 dollars a share. Use matrix multiplication to calculate the total cost of the purchases.
The total cost of the purchases is $.
C
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Step 1: Find the total cost of purchases using matrix multiplication of the given stocks
VIEWStep 2: First make the matrix of number of shares and matrix for cost of the shares
VIEWStep 3: Now multiply the matrix associated with number of shares and matrix associated with cost of shares
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