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Jane is the beneficiary of a fund of $25,000 that pays her $1,500 at the end of each month. The fund earns 6% compounded monthly.

Jane is the beneficiary of a fund of $25,000 that pays her $1,500 at the end of each month. The fund earns 6% compounded monthly. The final payment to exhaust the fund will be a balloon payment. Calculate the amount of the balloon payment. Report your answer to the nearest dollar.

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