What is the maturity value of a $12,000 loan for 18 months at 5.2% compounded quarterly? How much interest is charged on the loan?

Compounded Quarterly

Interest on an investment or loan that is calculated four times a year, adding each interest payment to the principal for future interest calculations.

Maturity Value

The amount payable to an investor at the end of a fixed-term investment including the principal and the interest.