Jesse deposits X in a bank on January 1 at a nominal rate of 5% a year compounded semiannually. The bank credits interest to his account every June 30 and December 31, except that it does not credit any pro rata interest on withdrawals made between the dates on which interest is credited. Jesse's deposit of X is exactly enough to provide for withdrawals of 100 every March 31, June 30, September 30 and December 31 over a 10 year period. Determine X. O a. 3118 O b. 3196 O c. 3137 O d. 2573 O e. 3157