Willie Wilson plans to borrow $$25,867$ at the beginning of each of his $4$ years of college. He will repay the loan in $16$ equal annual installments at the end of each year starting one year after he graduates. If the interest rate is $6\mathrm{.}11\%,$ how large will the installments be$?$ Interest will accrue on Willie's loan while he is in college.

Annuity $($A$)=$ $$25,867$

Number of years $($n$)=4$

Rate $($r$)=6\mathrm{.}11\%$ use this formula FV$=$ A x $((1+$r$)^$n$-1)/$ r x $(1+$r$)$