Find the unpaid balance on the debt. (Round your answer to the nearest cent.)

After 5 years of monthly payments on $140,000 at 5% for 25 years.

$ ___________

The super prize in a contest is $10 million. This prize will be paid out in equal yearly payments over the next 20 years. If the prize money is guaranteed by AAA bonds yielding 6% and is placed into an escrow account when the contest is announced 1 year before the first payment, how much do the contest sponsors have to deposit in the escrow account? (Round your answer to the nearest cent.) $ ____________