document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1131501>Question 1131501</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A loan at 14% interest compounded semi-annually must be repaid with one single payment of $1800 in 3 years. How much was the loan? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #748173 by </B><A HREF=/tutors/aboutme.mpl?userid=greenestamps><B>greenestamps(13200)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=greenestamps><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=greenestamps><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=748173\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <br><BR>\n" );
document.write( "14% annual interest compounded semi-annually for 3 years means 7% interest on the original amount compounded 6 times.  So if the amount of the loan was x,<br><BR>\n" );
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document.write( "Use your calculator; it will give the same answer as mine. </SPAN>\n" );
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