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John borrows 10,000 for 10 years at an annual effective interest rate of i. He accumulates the amount necessary to repay the loan by using

John borrows 10,000 for 10 years at an annual effective interest rate of i. He accumulates the amount necessary to repay the loan by using a sinking fund. he makes 10 payments of X at the end of each year, which includes interest on the loan and the payment into the sinking fund, which earns an annual effective rate of 8%. If the annual effective rate of the loan had been 2i, his total annual payment would have been 1.5X. Calculate i.

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