The Amphibious Car Corporation borrowed $12,000,000 from the Bank of San Francisco on May 1, 2022. The loan was from an SBA (Small Business Administration) program that required interest only payments annually at the low rate of 3.75%. At the end of 10 years, on May 1, 2032, the entire loan of $12,000,000 must be repaid. In the event it is not repaid, the interest rate of 3.75% will be increased retroactively at a rate of 7.50%. In order to assure that the loan can be repaid on May 1, 2032, the Chief Financial Officer wants to set up a special fund to contribute to each and every year in order to have sufficient funds to repay the loan in full on May 1,2032. The Investment firm of Rooney, Mickey and Associates of Hollywood, California has an investment fund available that has a guaranteed annual fixed rate of 6%. The Amphibious Car Corporation wants to start making annual deposits to the investment fund beginning on May 1,2027 and for each of the next four years. Required: how much should the annual deposit be in order to have sufficient funds in the investment account to pay the loan in full on May 1. 2032