2.1.1 50,000 can be invested under two options: Option 1 Deposit the 50,000 into a fund earning an annual effec- tive rate of i; or Option 2 Purchase an annuity-immediate with 24 level annual payments at an annual effective rate of 10%. The payments under Option 2 are deposited into a fund earning an annual effective rate of 5%. Both options produce the same accumulated value at the end of 24 years. Calculate