Exercies 4: A 10-year loan of 1000 is repaid with payments at the end of each six months. Each of the first ten payments equals 150% of the amount of interest due. Each of the last ten payments equals. The lender charges interest at a nominal interest rate of 20% convertible semi-annually. Calculate Exercies 4: A 10-year loan of 1000 is repaid with payments at the end of each six months Each of the first ten payments equals 150% of the amount of interest due. Each of the last ten payments equals X, 2x, 3X,.... The lender charges interest at a nominal interest rate of 20% convertible semi- annually. Calculate X