A borrower had a loan of $$40,000\mathrm{.}00$ at $5\%$ compounded annually, with $13$ annual payments.

The annual payment is $$.$

$($Round to the nearest cent as needed.$)$

Suppose the borrower paid off the loan after $7$ years. The amount needed to pay off this loan after $7$ years is $

$($Round to the nearest cent as needed.$)$