Answer: $204
Step-by-step explanation:
Formular for simple interest (I) is: Principal(P) x Rate (R) x Time (T)
From the question, P= $340
R= 12% = 12/100 = 0.12
T= 5 years
Therefore, simple interest (I) =
340 x 0.12 x 5
I = $204
I hope this is clear, please mark as brainliest
