1. (4 points) A company is paying monthly benefits for the next 25 years, where the first benefit of amount X is paid now. These benefits will remain constant within each of the 25 years and they will increase by 4% each year. At the end of 25 years from now, the accumulated value of all benefits at an effective annual interest rate of 5% is 90000 more than the accumulated value of all benefits at an effective annual interest rate of 4%. Calculate X