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Elk Edge Resort owes $150,000.00 at 9% c.s.a. for 4 years, due in 6 months. This debt is commuted into a payment of X due

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Elk Edge Resort owes $150,000.00 at 9% c.s.a. for 4 years, due in 6 months. This debt is commuted into a payment of X due in 1 year and a payment of $100,000.00 due in 2 years. Find X. Show all your work. Set N.R. at 10% c.s.a.. Elk Edge Resort owes $150,000.00 at 9% c.s.a. for 4 years, due in 6 months. This debt is commuted into a payment of X due in 1 year and a payment of $100,000.00 due in 2 years. Find X. Show all your work. Set N.R. at 10% c.s.a

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