Six years from today you need $10,000. You plan to deposit $1, 500 annually, with the first payment to be made a year from today, in an account that pays a 5% effective annual rate. Your last deposit, which will occur at the end of Year 6, will be for less than $1, 500 if less is needed to reach $10,000. How large will your last payment be?

Answer using Excel functions and showing work