Please make sure the answer is correct and explain how you got it, thanks!

An insurance company is offening a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the chisd's birth. The detalls of the policy are as follows. The purchaser (say, the parent) makes the following six payments to the insurance company After the child's 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 12 percent for the first six years and 6 percent for all subsequent years. what is the value of the policy at the childs 65 th bithday? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9. 32.16