Shark Tank Ltd. has introduced a new technological product into the market. At the end of year 1, it had an annual profit of $950,000. Because of changes to the technology, it anticipates that its profit will decrease by 9% each year during the product's 7 year lifecycle. Assuming Shark Tank Ltd. invested all of its profit in an account that earned 4% annual interest, how much would be in the account at the end of year 7?