You have purchased a 35 -year annuity for 35,000 , which will make equal payments at the end of each year, based on an effective annual interest rate of 8%. You receive the first 10 payments and then go on a humanitarian mission and request that the next 5 payments be waived. If the original term of 35 years in total is still in effect, the remaining equal payments must be recalculated to be equal to X, so that you are not prejudiced in the purchase made. Calculate X