Find a Matrix a and a Column Matrix B That $$\mathrm { AB } = \left[ \begin{array} { r } 1074 \\914\end{array} \right]$$

question 211

Multiple Choice

Find a matrix A and a column matrix B that describe the following tables involving credits and tuition costs. Find the
matrix product AB, and interpret the significance of the entries of this product.
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• A) \[\mathrm { AB } = \left[ \begin{array} { r } 1074 \\ 914 \end{array} \right]\] Tuition for Student 2 is \(\$ 1074\) and tuition for Student 1 is \(\$ 914\).
• B) \[\mathrm { AB } = \left[ \begin{array} { r } 1074 \\ 914 \end{array} \right]\] Tuition for Student 1 is \(\$ 1074\) and tuition for Student 2 is \(\$ 914\).
• C) \[\mathrm { AB } = \left[ \begin{array} { r } 1080 \\ 927 \end{array} \right]\] Tuition for Student 1 is \(\$ 1080\) and tuition for Student 2 is \(\$ 927\).
• D) \[\mathrm { AB } = \left[ \begin{array} { r } 1080 \\ 927 \end{array} \right]\] Tuition for Student 2 is \(\$ 1080\) and tuition for Student 1 is \(\$ 927 .\)

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Definitions:

Federal Income Tax

A tax levied by the United States Internal Revenue Service on the annual earnings of individuals, corporations, trusts, and other legal entities.

Withholding Allowances

The exemptions claimed by an employee on their W-4 form to determine how much of their income is withheld for taxes.

Accounting Period

A specific time range for which financial statements are prepared, often quarterly or annually, to present the financial status and performance of a company.

Note Payable

A written agreement where one party promises to pay another party a certain amount of money, often including interest, at a future date or on demand.