ALL YOU HAVE TO DO IS SET UP THE PROBLEMS. DO NOT LOOK UP FACTORS OR COME UP WITH ANSWERSLiz has just paid off all her student loans and she is ready to start saving for retirement. She will make deposits in each of the years T30 through T60. She will deposit $2,400 in T30 and she will increase the size of each deposit by 2% each year.She anticipates making withdrawals from the account in each of the years T65 through T82. Sorry, but all good things do come to an end!Her first withdrawal will be $X in T65, and she would like to be able to withdraw 3% more than $X in T66, etc. (i.e., the size of each withdrawal increases by 3% each year). Calculate $X.