$($Solving for PMT of an annuity$)$ To pay for your$$ child's education, you wish to have accumulated $$$$15$ comma $000$ at the end of $9$ years. To do this you plan on depositing an equal amount into the bank at the end of each year. If the bank is willing to pay $12$ percent compounded$$ annually, how much must you deposit each year to reach your$$ goal?

Question content area bottom

Part $1$

To reach your$$ goal, your annual deposit must be $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$