Rodney wants to start saving for a lump$-$sum amount of $$200,000($in today's dollars$)$ that is needed in five years. He assumes an inflation rate of $3\%$ and a before$-$

tax rate of return of $7\%$ on any investments that are set aside to meet this goal. How much must Rodney deposit at the end of each of the five years using the level

payment approach?