Finance Help: A retirement home at Deer Trail Estates now costs $ 132,000, Inflation is expected to

Accumulating a growing future sum  Personal Finance Problem   A retirement home at Deer Trail Estates now costs $ 132,000. Inflation is expected to cause this price to increase at 4​% per year over the 18 years before C. L. Donovan retires. If Donovan earns 8​% on his​ investments, how large must an​ equal, end-of-year deposit must be to provide the cash needed to buy the home 18 years from​ now?

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