What amount

What amount of money will be required to repay a loan of $30000 on June 1, 2008. If the loan was made on September 1, 2001 at the interest rate of 14% compounded quarterly.

Correct answer:

x =  1111.1111 USD

Step-by-step explanation:




Did you find an error or inaccuracy? Feel free to write us. Thank you!







Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?

You need to know the following knowledge to solve this word math problem:

Units of physical quantities:

Grade of the word problem:

Related math problems and questions: