Liam wishes to accumulate 5.000 at the end of ten years by making level annual deposits of X at the beginning of each year. The deposits carn a 12% annual effective rate of interest paid at the end of each year. The interest is immediately reinvested at an annual effective interest rate of 8% Calculate the level deposit. Possible Answers A250.34 B 270.74 c 280.26 D 300.12 1 312.52 Liam wishes to accumulate 5.000 at the end of ten years by making level annual deposits of X at the beginning of each year. The deposits carn a 12% annual effective rate of interest paid at the end of each year. The interest is immediately reinvested at an annual effective interest rate of 8% Calculate the level deposit. Possible Answers A250.34 B 270.74 c 280.26 D 300.12 1 312.52