1. [5 points] Jane receives level payments at the beginning of off each year for 20 years. She deposits the payments into a fund. The deposits earn an annual effective interest rate of 10% which is paid at the end of each year. The interest is immediately rein- vested at an annual effective interest rate of 5%. At the end of 20 years, the accumulated value in the fund is 30,000. Calculate the amount of each level payment