provide explanation,

To accumulate $5,500 in 8 years, a deposit of X is to be made today and a second deposit of X is to be made 3 years from now. The effective annual interest rate is 26. Which of the following is an incorrect equation of value for this problem. A. X(1.02)^8 - X(1.02)^5 = 5,500, as of time 8. B. X+ X(1.02)^-3=5500(1.02)^-8, as of time 0. C. X(1+v^3) = 5500v^8, as of time 0. D. X + X(1.02)^3 = 5500(1.02)^8, as of time 8. E. X -X(1.02)^3 =5500v^5, as of time 3