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You are given an annuity-immediate with 5 annual payments of 100 at the end of each year plus an additional payment of X at the
You are given an annuity-immediate with 5 annual payments of 100 at the end of each year plus an additional payment of X at the end of the sixth year. At an annual effective interest rate of 3%, the present valuc at the beginning of the fifth year of the remaining payments is 250. Calculate X. O A. 126.5 B. 162.2 O C. 188.5 O D.219.5 O E. 250.5
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