Please use pen and paper, using formula

A multinational company begins operations in a country with a developing economy. It will invest $3,000,000 to begin operations and will pay operating costs $200,000 in year 1. Annual operating costs are expected to rise by 4% 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 4 years assuming money was invested in an account that earned 6% annual interest? Click here to access the TVM Factor Table calculator. $ 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. A multinational company begins operations in a country with a developing economy. It will invest $3,000,000 to begin operations and will pay operating costs $200,000 in year 1. Annual operating costs are expected to rise by 4% 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 4 years assuming money was invested in an account that earned 6% annual interest? Click here to access the TVM Factor Table calculator. $ 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