The Clark family began savings for their child's college 16 years ago. Each year they contributed $6500 per year at the end of each year. In year 6, Clarks were able to contribute an extra $1000 in addition to the usual $6500 contribution. Using an interest rate of 5.20%, how much do they have accumulated in their child's college fund? INSTRUCTIONS: Place your answer in dollars and cents without using a dollar sign or a comma. For example, if your answer is one hundred thousand five hundred and seventy then place your answer as 100570. Work all analysis using at least four decimal places of accuracy. CHECK ANSWER

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