Can anyone please explain how, why, and where determinants were developed/formalized? What was their historical usage? Why were they initially formulated and what were they used for (and later generalized for)?
I'm asking because I'm trying to truly understand the meaning of the determinant. I somewhat understand that it represents the distortion of volume of a region represented by a matrix after its transformation, but I find it hard to believe that that's the historical representation for it.
So I provided this link in the comment above, but I thought it might help to expand a little bit.
Determinants were originally considered as the property of a system of equations, beginning with Chinese mathematics in the $3^{rd}$ century BCE. That is, the determinant was thought of as a number associated with a system of linear equations; if that number is zero, then the system has no unique solution.
From there, determinants were thought of more in their own right, starting with Vandermonde in 1771. It's probably at this time that the geometric intuition behind it gained traction. Interestingly, the fact that $\det(AB)=\det(A)\det(B)$ was discovered before matrix multiplication was defined.