An alumni association wants to establish an endowment that can provide $1million annually for scholarships for 10 years, starting exactly 5 years from now (i.e., starting t = 5). The association is planning to make the following cash contributions- an initial contribution now (t=0) followed by 4 equal annual (t=1 through t=4) contributions. The association just contributed $1.5 million. If the fund is expected to earn 10% per year compounded annually, determine the equal annual contribution the association would have to make over the next 4 years.