Respuesta :

samuelonum1

Answer:

$240

Step-by-step explanation:

Given data

Principal= $300

Rate= 10%

Time= 8 years

We know that the expression for the simple interest is given as

SI= PRT/100

Substitute

SI= 300*10*8/100

SI= 24000/100

SI= $240

Hence the interest is $240