Question: (1 point) A loan is to amortized by n level annual payments of X, where n > 6. You are given: i) The amount of

(1 point) A loan is to amortized by n level annual

(1 point) A loan is to amortized by n level annual payments of X, where n > 6. You are given: i) The amount of interest in the first payment is $ 798.5. ii) The amount of interest in the third payment is $ 782.38. iii) The amount of interest in the fifth payment is $ 761.79. Calculate X. Annual payment X = $

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