Lonnie needs extra money to buy a truck to start up a delivery service. He takes out a simple interest loan for $6000.00 for 7 months at a rate of 7.25% .
How much interest must he pay, and what is the future value of the loan?

ghjmutmum

step-by-step explanation:

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step-by-step explanation:

step by step solution :

step   1   :

1.1     4 = 22

(4)3 = (22)3 = 26

equation at the end of step   1   :

  ((23) • 26)2

step   2   :

equation at the end of step   2   :

  (23 • 26)2

step   3   :

final result :

  218

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