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4. A 30 -year mortgage loan of 250,000 is repaid with payments at the end of each year. Each of the first 15 payments equals

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4. A 30 -year mortgage loan of 250,000 is repaid with payments at the end of each year. Each of the first 15 payments equals 200% of the amount of interest due. Each of the last 15 payments is X. The lender charges interest at an annual effective rate of 5%. Calculuate X. A 11,158.63 B 11,582.28 C 12,005.93 D 23,661.92 E 24,085.57

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