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You expect to have $ 2 0 9 , 9 8 4 in 8 years. You plan to make regular savings contributions of $X per

You expect to have $209,984 in 8 years. You plan to make regular savings contributions of $X per year for 8 years and a special savings contribution of $13,300 in 3 years. The expected return is 16.47 percent per year and the first regular savings contribution will be made in 1 year. What is X?

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