5) Smith can repay a loan of $250,000 one of two ways. (1) 30 level annual payments at the end of each year at some unknown effective annual interest rate i. (ii) 30 annual interest payments at the end of each year to the lender at an effective annual interest rate of 10%, along with 30 level deposits at the end of each year into a sinking fund earning an effective annual interest rate of 1.9%. Find the value of i to make the schemes equivalent