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You invest 50,000 at time 0 in order to receive payments of X at times 15,16,17 and so on with the last payment at time

You invest 50,000 at time 0 in order to receive payments of X at times 15,16,17 and so on with the last payment at time 25 (all in years). Using an annual effective interest rate of 7%, find X.

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