Accumulating a growing future sum Personal Finance Problem A retirement home at Deer Trail Estates now costs $$156,000.$ Inflation is expected to cause this price to increase at $6\%$ per year over the $15$ years before C$.$ L$.$ Donovan retires. If Donovan earns $11\%$ on his investments, ow large must an equal, end$-$ofyear deposit must be to provide the cash needed to buy the home $15$ years from now?

The equal, annual end$-$of$-$year deposit to be made each year into the account is $ $($Round to the nearest cent.$)$