A medical equipment manufacturer received a loan of $285,000 from a Canadian financial institution. It repaid $50,000 in one year, $110,000 in two years, and the balance in three years. If the financial institution charged an interest rate of 7% compounded monthly for the first year, 6.5% compounded semi-annually for the second year, and 6% compounded daily for the third year, calculate the final payment.

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