Erika sent us her very thoughtful solution. Well done!

If there are three slices of bread, there are a total of 6 "sides" to be toasted As we can only toast 2 sides at a time, and toasting two sides takes 2 minutes, it will take at least 6 minutes to toast all the bread. Also, each slice must go in the toaster twice, and we can toast two different slices at once. We can toast all three slices by doing

- 1 and 2
- 3 and 2
- 1 and 3

If there are $n$ slices of bread it will take $2 \times n$ minutes to toast all the bread.