Apple computers has a proposal from the Planning Division to invest some of the Apple retained earnings In the design, testing, and development of the next generation of smart grids useful in the Internet of Things (loT) environment. The initial investment projection is $5,000,000 in year 0, $2,000,000 In year 10, and $100,000 in years 11 and beyond. At I- 10% per year, the Infinite-life equlvalent annual cost in years O through infinity of the proposal, is nearest to