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 childs birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six payments to the insurance company:

First birthday $ 930

Second birthday $ 930

Third birthday $ 1,030

Fourth birthday $ 850

Fifth birthday $ 1,130

Sixth birthday $ 950 A

fter the childs sixth birthday, no more payments are made. When the child reaches age 65, he or she receives $430,000. If the relevant interest rate is 14 percent for the first six years and 7 percent for all subsequent years, what would the value of the deposits be when the policy matures? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Future value $