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Suppose you will receive $15,000 in 8 months and another $9,000 in 19 months. If the discount rate is 7% per annum (compounding monthly) for

Suppose you will receive $15,000 in 8 months and another $9,000 in 19 months. If the discount rate is 7% per annum (compounding monthly) for the first 11 months, and 14% per annum (compounding monthly) for the next 8 months, what single amount received today would be equal to the two proposed payments?

(answer to the nearest whole dollar; dont include the $ sign or commas)

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