(1 point) (Exercise 5.20) A borrower is repaying a loan with 11 annual payments of $1100. Half of the loan is repaid by the amortization method at 5.3% effective. The other half of the loan is repaid by the sinking fund method in which the lender receives 5.3% on the investment and the sinking fund accumulates at 4.3% effective. Find the amount of the loan. Answer to the nearest dollar. ANSWER =$