SOLUTION: 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?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: 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?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



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) About Me  (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?
***
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