document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=404763>Question 404763</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A professor wants to supplement her pension with investment interest. If she invests $25,000 at 6% interest, how much more would she have to invest at 7% to achieve a goal of $2,410 per year in supplemental income? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #286039 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=286039\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A professor wants to supplement her pension with investment interest. If she invests $25,000 at 6% interest, how much more would she have to invest at 7% to achieve a goal of $2,410 per year in supplemental income?<BR>\n" );
document.write( "------------------<BR>\n" );
document.write( "Equation:<BR>\n" );
document.write( "0.06*25000 + 0.07x = 2410<BR>\n" );
document.write( "-----<BR>\n" );
document.write( "Multiply thru by 100 to get:<BR>\n" );
document.write( "6*25000 + 7x = 241000<BR>\n" );
document.write( "7x = 241000-150000<BR>\n" );
document.write( "7x = 91000<BR>\n" );
document.write( "x = 13000 (amt to invest at 7%)<BR>\n" );
document.write( "==========<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );