Question 8.10 A loan of 15,000 is repaid with 25 payments made at the end of each year for 25 years. The first payment is 100, the second payment is 200, and so on until the tenth payment of 1,000. The final 15 payments are X per year. The annual effective interest rate is 3% per year. Calculate X. A 880.90 B 1,183.85 C 1,372.41 D 1,656.79 E 1,920.67