document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=343332>Question 343332</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A professor wants to supplement her pension with investment interest. If she invests $31,000 at 6% interest, how much more would she have to invest at 7% to achieve a goal of $2,560 per year in supplemental income? <BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #245681 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=245681\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 31000 at 6%<BR>\n" );
document.write( "so interest = 0.06 * 31000<BR>\n" );
document.write( "=$1860<BR>\n" );
document.write( "Total interest to be earned = $2560<BR>\n" );
document.write( "Balance to be earned = $2560-$1860<BR>\n" );
document.write( "=$700<BR>\n" );
document.write( "..<BR>\n" );
document.write( "I= p*r*t<BR>\n" );
document.write( "700=p*0.07*1<BR>\n" );
document.write( "700/0.07 =p<BR>\n" );
document.write( "p= $10,000 This is the investment required. </SPAN>\n" );
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