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Each year for the next 29 years (years 1 to 29) you will deposit $X dollars in your retirement account When you retire you want

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Each year for the next 29 years (years 1 to 29) you will deposit $X dollars in your retirement account When you retire you want to make 20 annual withdrawals (Your first withdrawal will be at time 30). The first withdrawal is for $56,000, and each withdrawal after will increase by 1.4%. If the interest rate on your retirement account is 4.7%, how much is $X? O $802,636,08 O $211,867.78 $13,760.90 $13,528.96

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