Two annuities have the same present value. The first annuity is a decreasing annual annuity. The first payment is $1050 and is due one year from today. Subsequent annual payments decreased by $150 per year. The second annuity provides payments of $X per month for 7 years. The first payment is due one month from today. the interest rate for both annuities is 6% compounded monthly. Calculate X.