With interest of $1,832.00 and a principal of $16,000 for 206 days, using the ordinary interest method, the rate is:
1 answer:
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Answer:
The constant of proportionality is 0.5
Step-by-step explanation:
We are given the following in the question:
Cost of 25 game tickets = $12.50
Cost of 35 game tickets = $17.50
The cost of ticket C(n) is directly proportion to the number of tickets n.
Thus, we can write:
where a is the constant of proportionality.
Putting values, we get,
Thus, the constant of proportionality is 0.5
