Emery, a 45 -year-old entrepreneur, purchases a whole life insurance policy with a $⁢600,000 death benefit. The policy includes a cash value component that grows at a fixed interest rate of 3.9% annually. Emery contributes $⁢12,000 annually to the policy's cash value portion, and the accumulated cash value will continue to grow at the same 3.9% interest rate. What will the cash value portion be after 30 years? Use the formula cap A is equal to the fraction with numerator cap p times open paren open paren 1 plus r over n close paren raised to the n t power minus 1 close paren and denominator open paren r over n close paren