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A bank lends money to a firm on 01/01/2010. According to the lending agreement, the bank will receive the following payments: 06/30/2010$2,300,00012/31/2010$1,300,00006/30/2011$5,700,00012/31/2011$3,400,00006/30/2012$360,00012/31/2012$560,000 If the annual

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A bank lends money to a firm on 01/01/2010. According to the lending agreement, the bank will receive the following payments: 06/30/2010$2,300,00012/31/2010$1,300,00006/30/2011$5,700,00012/31/2011$3,400,00006/30/2012$360,00012/31/2012$560,000 If the annual interest rate on the loan is 3.80%, how much did the firm borrow? Round to the nearest whole dollar

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