Question: [ SOA 6 ; SOA - IT . 0 0 9 ] A 2 0 - year loan of 1 0 0 0 is repaid

[SOA 6; SOA-IT.009] A 20-year loan of 1000 is repaid with payments at the end of each year.
Each of the first ten payments equals 150% of the amount of interest due. Each of the last ten payments is x.
The lender charges interest at an annual effective rate of 10%. Calculate x.

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