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Show me the steps to solveAn insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or

Show me the steps to solveAn 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:$ 810Second birthday:$ 810Third birthday:$ 910Fourth birthday:$ 910Fifth birthday:$ 1,010Sixth birthday:$ 1,010
After the childs sixth birthday, no more payments are made. When the child reaches age 65, he or she receives $210,000.
If the relevant interest rate is 10 percent for the first six years and 6 percent for all subsequent years, what is the value of the policy at the child's 65th birthday?

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