Ben agrees to a $60,000 loan for 30 years. The loan has an annual effective rate of interest of 5%. The loan is repaid with annual payments consisting of equal principal repayments, plus interest on the loan balance. All payments are made at the end of the year. After the 16th payment, Ben decides to completely pay off his loan with two payments. The first payment is $20,000 paid immediately. The second payment will be made in 5 years. Calculate the amount of the second payment.