Discount loan (interest and principal at maturity). Chuck Ponzi has talked an elderly woman into loaning him $40,000 for a new business venture. She has, however, successfully passed a finance class and requires Chuck to sign a binding contract on repayment of the $40,000 with an annual interest rate of 12% over the next 20 years. Determine the cash flow to the woman under a discount loan, in which Ponzi will have a lump-sum payment at the end of the contract. .... What is the amount of payment that the woman will receive at the end of years 1 through 19? $ (Round to the nearest cent.)