Algebra word problem

Question

Betsy a recent retiree requires $5,000 per year in extra income. She has $60,000 to invest and can invest in B-rated bonds paying 15% per year or in a certificate of deposit paying 7% per year. How much money should be invested in each to realize exactly $5,000 in interest per year?

Amount invested at 15% =

Amount invested at 7%=

Answer 1

x represents amount invested at 7%

60000 - x represents amount invested at 15%

0.07x + 0.15(60000 - x) = 5000

Can you solve for x and answer?