Accumulating a growing future sumPersonal Finance ProblemA retirement home at Deer Trail Estates now costs

196,000. Inflation is expected to cause this price to increase at 7% per year over the 19 years before C. L. Donovan retires. If Donovan earns 8%

on his investments, how large must an equal, end-of-year deposit must be to provide the cash needed to buy the home 19 years from now?

Please post excel formula