The task is to generate the correct answer for a given math problem.

Problem: john invests $ x at the semi - annual constant compounded rate of 2 percent and also does $ 20,000 at the quarterly constant compounded rate of 4 percent . if the interests are the same after 1 year , what is the value of x ? ?
40,402

Problem: a and b invests rs . 10000 each , a investing for 6 months and b investing for all the 12 months in the year . if the total profit at the end of the year is rs . 24000 , find their shares ?
8000

Problem: carl is facing very difficult financial times and can only pay the interest on a $ 10,000 loan he has taken . the bank charges him a quarterly compound rate of 8 % . what is the approximate interest he pays annually ?

3500

