Problem $02\mathrm{.}045-$ Equivalent annual worth of gradient

Toselli Animation plans to offer its employees a salary enhancement package that has revenue sharing as its main component.

Specifically, the company will set aside $2\%$ of total sales revenue for year$-$end bonuses. The sales are expected to be $$5$ million the

first year, $$5\mathrm{.}5$ million the second year, and amounts increasing by $10\%$ each year for the next $5$ years. At an interest rate of $6\%$ per

year, what is the equivalent annual worth in years $1$ through $5$ of the bonus package?

The equivalent annual worth of the bonus package is $