HELPPPP, I can’t figure it out
2 answers:
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Hey there :)
We know the formula for simple interest is
I = prt
{ The picture includes what each stands for }
Lehena:
Initial amount = $100
Interest rate = 2.5% =
Time = 3 years
I = ( 100 )( 0.025 )( 3 )
= 7.5$
Total = $100 + $7.5 = $107.5
Marty:
Initial amount = $100
Interest rate = 2% =
Time = 3 years
I = ( 100 )( 0.02 )( 3 )
= $6
Total = $100 + $6 = $106
How much more than Marty did Lehena receive?
= Total Amount of Lehena - Total Amount of Marty
= 107.5 - 106
= $1.5
Your answer will be option B) $1.50
We know the formula for simple interest is
I = prt
{ The picture includes what each stands for }
Lehena:
Initial amount = $100
Interest rate = 2.5% =
Time = 3 years
I = ( 100 )( 0.025 )( 3 )
= 7.5$
Total = $100 + $7.5 = $107.5
Marty:
Initial amount = $100
Interest rate = 2% =
Time = 3 years
I = ( 100 )( 0.02 )( 3 )
= $6
Total = $100 + $6 = $106
How much more than Marty did Lehena receive?
= Total Amount of Lehena - Total Amount of Marty
= 107.5 - 106
= $1.5
Your answer will be option B) $1.50
You're trying to find constants 
such that 
. Equivalently, you're looking for the least-square solution to the following matrix equation.
To solve
, multiply both sides by the transpose of 
, which introduces an invertible square matrix on the LHS.
Computing this, you'd find that
which means the first choice is correct.
To solve
Computing this, you'd find that
which means the first choice is correct.