Oliver borrows $300,000 from a bank and agrees to repay the bank with equal payments at the end of each year for 30 years based on an annual effective interest rate of 5%.

After making the 10^th payment, the bank allows Oliver to make no payments for 10 years, with increased level payments after that.

At the end of the 30-year period, the loan is fully paid.

How much does Oliver pay each year when he resumes payment? Possible answers are 39,000 or 51,300 or 52,500 or 55,700 or 58,500