Problem

Foreclosures Exercises are based on the following table, which shows t...

Foreclosures Exercises are based on the following table, which shows the numbers of foreclosures in three states during three months of 2011.

Each month, your law firm handles 10% of all foreclosures in California, 5% of all foreclosures in Florida, and 20% of all foreclosures in Texas. Use matrix multiplication to compute the total number of foreclosures handled by your firm in each of the months shown.

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