3.2.8S A 10-year loan of 2000 is to be repaid with payments at the end of each year. It can be repaid under the following two options: (i) Equal annual payments at an effective annual rate of 8.07%. (ii) Installments of 200 each year plus interest on the unpaid bal- ance at an effective annual rate of i. The sum of the payments under option (i) equals the sum of the payments under option (ii). Determine