Accumulating a growing future sum Personal Finance Problem A retirement home at Deer Trail Estates now costs $$137,000.$ Inflation is expected to cause this price to increase at $6\%$ per year over the $24$ years before C$.$ L$.$ Donovan retires. If Donovan earns $12\%$ on his investments, ow large must an equal, end$-$of$-$year deposit must be to provide the cash needed to buy the home $24$ years from now?

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