Your local bank has made an offer of loan repayment flexibility. Under the present loan payment arrangement, you need to pay in 7 annual payments of RM 2000 each for 7 years. The bank offered an option where you can differ making the next 6 payment in lieu of making one large lumpsum payment at the end of the loan term in 7 year. Assuming the interest rate on loan is 1%, what amount of final payment will the bank requires you to pay that you will be indifferent (no effect) to the two payments options