Cal Lury owes $$25,000$ now. A lender will carry the debt for four

more years at $10$ percent interest. That is$,$ in this particular

case, the amount owed will go up by $10$ percent per year for four

years. The lender then will require that Cal pay off the loan over

the next $12$ years at $13$ percent interest.What will his annual payment be$?$ Use Appendix A and Appendix D

for an approximate answer, but calculate your final answer using

the formula and$$financial calculator methods. $($Do not

round intermediate calculations. Round your final answer to $2$

decimal places.$)$