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 binth. The detals of the policy are as follows. 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 $370,000. the chich 65th birtidoy? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9. .32 .16