on $1$ st sempSeptember $2009$ Annie chola bought a motorcycle for k$25000$ she paid a down payment of k$5000.$ And financed the balance with a $5$ year loan at a stated annual interest rate of $12\%$ compounded monthly. she started the monthly payments exactly one month after after the purchase $(1$ st ocOctober $2009).$ two years later at the end of October $2011$ Annie got a new job and decided to pay off the loan. if the bank charges $1\%$ prepayment penalty based on the loan balance how much must she pay the bank on $1$ st November $2011$