Solve the following equation for x. 
Definitions:
Loan
The lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc.
Amount
The total sum or quantity of something.
Compounded Monthly
Calculating interest on both the initial principal and the accumulated interest from previous periods, done on a monthly basis.
Rate of Return
The profit or deficit experienced on an investment within a certain timeframe, depicted as a proportion of the investment's initial value.
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