Problem $5-15$ Present Value of Multiple Annuities $($LG$5-4)$

A small business owner visits her bank to ask for a loan. The owner states that she can repay a loan at $$1,700$ per month for the next three years and then $$3,400$ per month for two years after that. If the bank is charging customers $9\mathrm{.}25$ percent APR, how much would it be willing to lend the business owner?

Note: Do not round intermediate calculations and round your final answer to $2$ decimal places.