= Homework: Chapter 5 Homework 2.0 Question 8, P5-44 (simila... HW Score: 0%, 0 of 9 points Points: 0 of 1 Save Accumulating a growing future sum Personal Finance Problem A retirement home at Deer Trail Estates now costs $175,000. Inflation is expected to cause this price to increase at 6% per year over the 15 years before C. L. Donovan retires. How large an equal annual end-of-year deposit must be made each year into an account paying an annual interest rate of 9% for Donovan to have the cash to purchase a home at retirement? The equal, annual end-of-year deposit to be made each year into the account is $ . (Round to the nearest cent.) Help Me Solve This View an Example Get More Help Clear All Check