Question

Principal =$300 rate = 7% time= 2 years

Answer 1

`SI = (PRT)/(100) \\ = (300 * 7 * 2)/(100) \\ = 3 * 7 * 2 \\ = 21 * 2 \\ = 42`

$300 + $42 = $ 342

$ 342 is answer