Suppose a company did $2,000,000 in annual maintenance in 2007 and expects 90% of those to renew for 2008. Suppose that product sales for 2007 were $2,000,000 (which included a free year of maintenance) and 70% of those were expected to pay an annual maintenance of 15% of the purchase price in 2008. What will be the annual maintenance collected in 2008?
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