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Question 7 2 pts Leah borrows P at an annual effective rate if 6%. She agrees to repay the loan by making the following payments:
Question 7 2 pts Leah borrows P at an annual effective rate if 6%. She agrees to repay the loan by making the following payments: A payment of 350 at the end of year 4, a payment of 600 at the end of year 6, a payment of 200 at the end of year 8, and and a payment of X at the end of year 9. The method of equated time can be used to determine that Leah could have also repaid the loan by making a payment of 1150+X at approximately time t = 6.5806. Find X. O 400 O 200 O 300 O 350 O 250 Question 7 2 pts Leah borrows P at an annual effective rate if 6%. She agrees to repay the loan by making the following payments: A payment of 350 at the end of year 4, a payment of 600 at the end of year 6, a payment of 200 at the end of year 8, and and a payment of X at the end of year 9. The method of equated time can be used to determine that Leah could have also repaid the loan by making a payment of 1150+X at approximately time t = 6.5806. Find X. O 400 O 200 O 300 O 350 O 250
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