Question 725949
For this problem, you use the formula I = PRT.
I is the interest; this is what you're solving for.
P is the principle; the amount of money ($).
R is the rate; the percentage rate (%).
T is the time; in this case, in years.

So we multiply 300 by 6% by 2 years. Your equation should look like this:
I = 300 x 0.06 x 2
I = 36
Your answer is $36.00.