Clara put $1,000 into an investment yielding 6% annual interest, and left the money in for two years. Deshawn put $1,500 into an investment yielding 5% annual
interest, and also left the money in for two years.
Who earned more interest over the two-year period?
Hint: Use the formula sheet to determine the formula(s) needed to solve the problem.
Clara
Deshawn
They both earned the same amount of interest.
There is not enough information given in the problem.