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You have a loan outstanding it requires making five annual payments of $3.000 each at the end of the next five years Your bank has

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You have a loan outstanding it requires making five annual payments of $3.000 each at the end of the next five years Your bank has offered to allow you to skp making the next four payments in lieu of making one large payment at the end of the taste in five years in the interest rate on the oan is 1%, what final payment will the bank require you to make so that it is indiferent to the two forms of payment? The final payment the bank will require you to make is (Round to the reaso

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