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P5-45 (similar to) Question Help Accumulating a growing future sum Personal Finance Problem A retirement home at Deer Trail Estates now costs $187,000. Inflation is expected to cause this price to increase at 6 per year over the 17 years before C. L. Donovan retires. If Donovan earns 9% on his investments, ow large must an equal, end-of-year deposit must be to provide the cash needed to buy the home 17 years from now? The egun, annus end-of-year deposit to be made each year into the account is 5 1420325 (Round to the nearest cent)