Write the system of equations associated with the augmented matrix. Do not solve.
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Definitions:
Contract Rate
The agreed-upon interest rate specified within a contract, particularly in lending agreements.
Market Rate
The prevailing interest rate available in the marketplace for securities or loans, which varies based on demand, supply, risk, and maturity.
Issued
Pertains to securities or documents that have been officially released to the public or specific entities.
Issuing Stocks
The process by which a company distributes its shares to investors, thereby raising equity capital.
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