Can someone help me with this? I don’t understand it.

Just tell me how to set up the equation.

You borrow $25,000 to buy a boat. the simple interest rate is 4%. you pay the loan off after 10 years. what is the total amount you paid for the loan?

Which statement is true about the local minimum of the graphed function? over the interval[-4,-2], the local minimum is 0. over the interval [-2,-1] , the local minimum is 25. over the interval [-1,4], the local minimum is 0. over the interval [4,7], the local minimum is -7