Table below gives the annual rate of inflation during a 5-year period. 2000 2001 2002 2003 2004 Annual rate of inflation 1.8% 2.1% 2.9% 2.4% 2.7% If a nominal house price at the end of 2000 was $10.8 million, find the real house price adjusted to prices prevailing at the end of the year 2003. Round your answer to three significant figures.