You anticipate that you will need $1,000,000 when you retire 30 years from now. You plane to make 30 deposits, beginning today, in a bank account that will pay 5% interest, compound annually. You expect to receive annual raises of 3%, so you will increase the amount you deposit each year by 3 %. ( This is, your 2nd deposit will be 3% greater than your first, the 3rd will be 3% greater than the 2nd, etc). How much must your 1 st deposit be if you are to meet your goal?