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Suppose you will receive $18,000 in 8 months and another $13,000 in 22 months. If the discount rate is 5% per annum (compounding monthly) for

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Suppose you will receive $18,000 in 8 months and another $13,000 in 22 months. If the discount rate is 5% per annum (compounding monthly) for the first 11 months, and 11% per annum (compounding monthly) for the next 11 months, what single amount received today would be equal to the two proposed payments? (answer to the nearest whole dollar; don't include the $ sign or commas)

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