After two years, Betsy finds that she will require 7000 dollars per year in extra income in terms of retirement. She has 50,000 dollars to invest and can invest in B-rated bonds paying 15 percent per year or in a certificate of deposit paying 7 percent per year. How much money should be invested in each to realize exactly 6000 dollars in interest per year?

This question, we can say, is part 2 of a question posted several days ago by the title Financial Planning. I figured that we simply change 6000 to 7000 in the equation set up.

(50,000 - x)(0.15) + x(0.07) = 7000

Correct?