If 44700 dollars is invested at an interest rate of 5 percent per year, find the value of the investment at the end of 5 years for the following compounding methods, to the nearest cent. (a) annual: $ (b) semiannual: $ (c) monthly: $ (d) daily: $

solution:

→c= a b , that is product of a and b is possible only when when a is m × n matrix and b is n × p matrix.

that is, number of columns of a= number of rows of b.

so, size of matrix , c= a b is , if a = (m × n)matrix

b= (n × p)matrix

then a b = [ (m × n)matrix] ×[   (n × p)matrix ]

→→c= a b= [m × p ] matrix

→→size of product a b will be equal to = number of rows of a × number of columns of b

step-by-step explanation: