Question 884286
revenue or interest = Prt where P is the principal, r is rate and t is time
we know plan 1 yields 20% revenue and
plan 2 yields $1500 revenue which is 1500/5000 = 30%, therefore
plan 1 = 5000*.20*7 = $7000
plan 2 = 5000*.30*7 = $10,500
plan 2 generates $3,500 more revenue than plan 1