The compound interest formula states that if P dollars are invested at an annual interest rate of r, compounded n times per year, then A, the amount of money present after t years, is given by $A = P(1 + \frac{r}{n})^{nt}$. If $12,000 is invested at 6\% compounded monthly, how much will this investment be worth in 25 years? Round your answer to two decimal places.