I just borrowed $150 from the bank. My interest rate is 3.75% and cost of capital (appropriate discount rate) is 4.5%. We have agreed that I will pay $5 of interst each year, and pay all remaining interest and principal at the end of the fifteen (15) years.

How much money will I have to pay in fifteen years (i.e., when I write a check in fifteen years to pay off the bank, what number will I write on the check)?

NOTE: The loan compounds annually. Write answer to the nearest cent.