6. You are given two loans with each loan to be repaid by a single payment in the future. Each payment includes both principal and interest The first loan is repaid by a 3,000 payment at the end of four years. The interest is accrued at 10% per annum compounded semiannually. The second loan is repaid by a 4,000 payment at the end of five years. The interest is accrued at 8% per annum compounded semiannually. These two loans are to be consolidated. The consolidated loan is to be repaid by two equal installments of X, with interest at 12% per annum compounded semiannually. The first payment is due immediately and the second payment is due one year from now. Calculate X Select one: a. 2485 b. 2521 c. 2459 d. 2537 e. 2504