The company wishes to purchase equipment in the future that is expected to cost $72,000 at the time. The company place is $10,000 into an investment account at the end of each period for 6 periods, If the account earns 9% each period, How much will the account have by the end of the six period And will there be enough to make the purchase?

A company wishes to purchase equipment in the future that is expected to cost $72,000 at that time, The company piacos $10,000 into an investment account at the end of each period for 6 periods. If the account earns 98 , cach perfod, how much wit the accotint have by the thit of the sixth period and will there be enough to make the purchase? Note: Round your answer to 2 decimal places