Brandt loans Lori $4,000 at an annual effective interest rate of 5%. They agree that Lori will make annual end-of-year payments of $600 to repay the loan, then realize that they must figure the term of the loan. If the term I is to be such that $4000 = $600 a 75%, find T. (Round your answer to four decimal places.) = T= = Find the amount of the last payment at time T. (Round your answer to the nearest cent.) $