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Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,000

Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee deposits an additional $40,000 at 9% interest compounded semiannually. At the end of 6 years, what is the balance in Lees account? (Use the Table provided.) (Do not round intermediate calculations. Round your answer to the nearest cent.)

Future value interest factor of $1 per period at i\% for n periods, FVIF(i, n)

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