Matrices are tables of numbers arranged in rows and columns. They can be used to store and organize data, simplify mathematical functions, and solve simultaneous equations. To multiply matrices, the numbers in corresponding positions are multiplied and summed. The determinant of a matrix is a single number that defines the matrix. Inverting a matrix allows it to be used to solve simultaneous equations in matrix form. Larger matrices use more complex rules and calculations for operations like determining the determinant and inverse.