A company borrowed $200,000 at an interest rate of 10% compounded annually over five years. The loan will be repaid in installments at the end of each year in the amounts of:
0
Year 1 $25,000
Year 2 $20,000
Year 3 $15,000
Year 4 $25,000
What will be the size of the last payment in year 5 that will pay off the loan?