A loan to the value of R6C a financial institution. The repaid in a single payment at the end of the term of the loan. The term of the lon is eight years and the initial effective interest rate is 10.6% p.a. the financial institution sustains the initial interest rate for a period of three years, after which the rate is changed to 12% p.a. compounded monthly for the remainder of the term of the loan. What will the repayment of this loan amount to at the end of the eight-year term