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Current Attempt in Progress A multinational company begins operations in a country with a developing economy. It will invest $ 4 , 0 0 0

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A multinational company begins operations in a country with a developing economy. It will invest $4,000,000 to begin operations and will pay operating costs $210,000 in year 1. Annual operating costs are expected to rise by 8% due to the growing strength of the country's currency. How much would the company need to set aside to cover the costs described above over the next 9 years assuming money was invested in an account that earned 9% annual interest?
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$ million
Carry all interim calculations to 5 decimal places and then round your final answer to 3 decimal places. Please enter your answers in millions of dollars. The tolerance is +-0.005.
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