You would like to buy a Mustang whose price is $28,000. You will make no down payment and therefore the size of the loan is the price of the car, 28,000. However, you wont make any payment for the first 12 months. Beginning from the 13^th month, youll make 36 monthly payments of $500 with a balloon payment at the end to cover the remaining principal on the loan. The APR on the loan with monthly compounding is 5%. What will be the amount of the balloon payment 4 years from now?