You have a loan outstanding. It requires making annual 5 payments at the end of the next years of 2000 each. Your bank has offered to restructure the loan so that instead of making 5 payments as originally agreed, you will make only one final payment at the end of the loan in 5 years. If the interest rate on the loan is 2.53%, what final payment will the bank require you to make so that it is indifferent between the two forms of payment?

The present value of the cash flows is $