Respuesta :

Ckaranja
I=[tex] \frac{PRT}{100} [/tex]
i=[tex] \frac{300*7*2}{100} [/tex]
i=[tex]42.00 dollars[/tex]
meerkat18
To answer the question, I assume that the investment has a simple interest. The interest is calculated by the equation,
                             i = P x r x t
Substitute the given values,
                             i = ($300) x 0.07 x 2
The value of i is $42. Thus, the answer is letter B. $42.00.

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