Accurate Accounting obtained a private loan of $25,000 for five years. No payments were required, but the

Question:

Accurate Accounting obtained a private loan of $25,000 for five years. No payments were required, but the loan accrued interest at the rate of 9% compounded monthly for the first 2 1/2 years and then at 8.25% compounded semiannually for the remainder of the term. What total amount was required to pay off the loan after 5 years?