alex takes a loan of $ 4,000 to buy a used truck at the rate of 6 % simple interest . calculate the annual interest to be paid for the loan amount .
"from the details given in the problem principle = p = $ 4,000 and r = 6 % or 0.06 expressed as a decimal . as the annual interest is to be calculated , the time period t = 1 . plugging these values in the simple interest formula , i = p x t x r = 4,000 x 1 x 0.06 = 240.00 annual interest to be paid = $ 240 answer : c"
divide(multiply(multiply(multiply(6, const_100), sqrt(const_100)), 6), const_100)