# An algebra problem by Benjamin ononogbu

Algebra Level pending

$\begin{bmatrix}{3} && {-4} \\ {1} && {-1}\end{bmatrix}^{2016}$

Let $$M$$ and $$N$$ denote the sum and product, respectively, of all the elements in the matrix above. Compute $$\dfrac{N}{M^3}$$. Give your answer to 2 decimal places.

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