A loan of 10,000 is repaid with a payment made at the end of each year for 20 years. The payments are 100, 200, 300, 400, and 500 in years 1 through 5, respectively. In the subsequent 15 years, equal annual payments of X are made. The annual effective interest rate is 5%. Calculate X. A 842 B) 977 1,017 D) 1,029 1,075