An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. For this policy, the purchaser (say, the parent) makes the following six payments to the insurance company. After the child's sixth birthday, no more payments are made. When the child reaches age 65 , he or she receives $350,000. If the relevant rate is 10 percent for the first six years and 7 percent for all subsequent years, is the policy worth buying