Jay discounts a 100-day note for $25,000 at 13%. the effective rate of interest to the nearest hundredth percent is what %

step-by-step explanation:

total income = price of one ticket   *   number of tickets sold

  y                 =     4                                   x

so the equation is y=4x     with x≥0   because number of tickets sold can not be negative

thus the equation is a semi -line with an end point at

(0,0)

passing through :

x=1     y=4(1) = 4   so through (1,4)

(1 km=1000m, 1m=100 cm)