The answer is 3.80952380952
Answer:
Part a) The constant of variation is
or 
Part b)
Step-by-step explanation:
Part a) Find the constant of variation.
we know that
The simple interest formula is equal to
In this linear direct variation the constant r represent the constant of proportionality
where
I is the Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute the values and solve for r


Part b) what will the interest be after 3 years
in this part we have
substitute the values
Answer:
The hourly charge is $4 per hour for the first 3 hours.
The rate then drops to $2 per hour until the end of the 6th hour.
The hourly rate drops further to $1 per hour between the 6th and 10th hours.
The maximum price of the bike rental is $30.
Step-by-step explanation:
The slope of the graph corresponds to the hourly rate for the bike rental.
During the first three hours of the bike rental, the price increases by $4 each hour.
Between the 3rd and 6
th hours, the slope of the graph is 2, which means the hourly rate of the bike rental is $2 per hour.
Between the 6th and 10th hours, the rate is $1 per hour.
After the 10th hour, the price, P, stops increasing. The maximum price of the bike rental is $30.
R = 55 total reservations - 5 reservations from the last hour / 5 hours
R = 55 -5 / 5
r = 10