Suppose you invest $$210,000$ in an annuity that returns $6$ annual payments, with the first payment one year from now and each subsequent payment growing by $5\%.$ At an interest rate of $8\%,$ how much is the first annual payment you receive? Equivalent problem structure $($as a borrower$)$: Suppose you borrow $$210,000$ to be paid back over $6$ years with the first payment one year from now and each subsequent payment growing by $5\%.$ At an interest rate of $8\%,$ how much is the first annual payment? Please round your answer to the nearest hundredth.