5. Today you are turning 21. Your goal is to become a millionaire by age 60. For this purpose, you want to make equal annual deposits into an account that pays 5% interest. You will make your first deposit today and your last deposit when you turn 60. How much do you have to deposit each year in order to reach your goal? Hint: You want the future value of your deposits on your 60th birthday, immediately after the last deposit, to equal $1,000,000.