(1 point) (Exercise 3.34) A loan of $9500 is to be repaid by 10 annual payments beginning 6 months from the date of the loan. The first. payment is to be half as large as the others. For the first 31/2 years interest is at 0.052 effective; for the remainder of the ferm interest is af 0.074 effective. Find amount of the first payment. ANSWER=$