SOLUTION: A professor wants to supplement her pension with investment interest. If she invests $27,000 at 5% interest, how much more would she have to invest at 9% to achieve a goal of $2,25

SOLUTION: A professor wants to supplement her pension with investment interest. If she invests $27,000 at 5% interest, how much more would she have to invest at 9% to achieve a goal of $2,25

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Question 899152: A professor wants to supplement her pension with investment interest. If she invests $27,000 at 5% interest, how much more would she have to invest at 9% to achieve a goal of $2,250 per year in supplemental income?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
0.09*x+0.05*27000=2250
0.09*x+1350=2250
.09x=900
9x=90000
x=10000

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