Question 896184: If a women invest $10,000 at 8% annual interest, how much more must she invest at 9% so that her annual income will exceed $1,250? Answer by lwsshak3(11628) (Show Source):
You can put this solution on YOUR website! If a women invest $10,000 at 8% annual interest, how much more must she invest at 9% so that her annual income will exceed $1,250?
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let x=amt invested at 9%
8%*10000+9%x=1250
800+.09x=1250
.09x=450
x=5000
how much more must she invest at 9% >$5000