document.write( "Question 640283: After inheriting some money, a man wants to invest enough to have annual income of $5,000. If he can invest $20,000 at 9% interest, how much more will have to be invested at 7% in order to reach the goal? \n" ); document.write( "
Algebra.Com's Answer #403126 by MathTherapy(10552)\"\" \"About 
You can put this solution on YOUR website!

\n" ); document.write( "After inheriting some money, a man wants to invest enough to have annual income of $5,000. If he can invest $20,000 at 9% interest, how much more will have to be invested at 7% in order to reach the goal?\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Let amount he must invest at 7% to reach his goal be S
\n" ); document.write( "Then: \".09%2820000%29+%2B+.07S+=+5000\"
\n" ); document.write( "\"1800+%2B+.07S+=+5000\"
\n" ); document.write( "\".07S+=+5000+-+1800\"
\n" ); document.write( "\".07S+=+3200\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "S, or amount he should invest at 7% in order to meet his goal = \"3200%2F.07\", or $\"highlight_green%2845714.29%29\"\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Send comments and “thank-yous” to “D” at MathMadEzy@aol.com
\n" ); document.write( "
\n" );