400
State what you would have to do to solve the following problem:
Carlos has investments in Funds A,B, and C. Each fund invests money in both stocks and bonds. The matrices show the dollar amounts invested in each fund and the annual yields. Use this information to determine how many dollars Fund B will earn in one year.
stocks bonds
A[ $10,000 $10,000]
B[ $15,000 $ 5,000 ]
C[ $ 5,000 $25,000]
stocks[.06]
bonds[.04]
Multiply the two matrices together.