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Clay Harden borrowed $29,000 from a bank at an interest rate of 11% compounded monthly. The loan will be repaid in 36 equal monthly

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Clay Harden borrowed $29,000 from a bank at an interest rate of 11% compounded monthly. The loan will be repaid in 36 equal monthly installments over three years. Immediately after his 22th payment, Clay desires to pay the remainder of the loan in a single payment. Compute the total amount he must pay. The total amount Clay must pay immediately after his 22th payment will be $ (Round to the nearest dollar.)

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