You have a loan outstanding. It requires making five annual payments of $5,000 each at the end of the next five years. Y

[answerhappygod]

You have a loan outstanding. It requires making five annual
payments of $5,000 each at the end of the next five years. Your
bank has offered to allow you to skip making the next four payments
in lieu of making one large payment at the of the loan"s term in
five years. If the interest rate on the loan is 9%, what final
payment will the bank require you to make so that it is indifferent
of the two forms of payment?
1- The final payment the bank will require you to make is
$____