The current cost of a retirement home in Westbrook Manor Estates is shown below as present value. Inflation is expected to cause this price to increase at a rate of r percent per year, over the next n years, before Chris O'Neal retires. How large an equal, annual, end-of-year deposit must he make into an account paying an annual interest rate of i for him to have the cash to purchase a home at retirement?

PV is 70000

r% is 4% inflation per year

i% is 13% interest per year

n = 30

Solve for FV and how much would be annual deposit