13. (10 points) At an annual effective interest rate of 10%, a 10-year annuity-immediate starting with an annual payment of 200 increases each year by 3% of the previous year's payment and has a present value of X. Calculate X

13. (10 points) At an annual effective interest rate of 10%, a 10 -year annuity-immediate starting with an annul payment of 200 increases each year by 3% of the previous year's payment and has a present value of X. Calculate X