Pls solve with all work shown. Such as if retrosprective method is used. A $10-$year loan of $85,000$ has an annual effective interest rate of $5\%.$ The loan is repaid by

payments of $x$ at the end of each year for ten years along with an additional payment

$($balloon payment$)$ of $$50,000$ at the end of the $10$ th year. Calculate X$.$

A$)7,484\mathrm{.}72$

B$)7,516\mathrm{.}93$

C$)7,573\mathrm{.}86$

D$)7,602\mathrm{.}17$

E$)7,640\mathrm{.}08$