Question: Please show work by hand B.8 An annuity makes annual payments at the end of each year for 25 years. The first payment is $100,

Please show work by hand B.8 An annuity makes annual payments

Please show work by hand

B.8 An annuity makes annual payments at the end of each year for 25 years. The first payment is $100, the second payment is $200, and so on until the tenth payment of $1000. The final 15 payments are each $X. The annuity has a present value of $15,000 at an annual effective interest rate of 3%. Find X. (a) 880.90 (b) 1183.85 (c) 1372.41 (d) 1656.79 (e) 1920.67

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