A bank agrees to lend 15,000 now and X three years from now in exchange for a single repayment of 85,000 at the end of 10 years. The bank charges interest at an annual effective rate of 6% for the first 5 years and at a force of interest &t = 1/ (t + 1) for t > 5. Calculate X. Select one: А. 24200 В. 23800 С. 23400 D. 23000 Е. 22600

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