A small business owner visits his bank to ask for a loan. The owner states that he can repay a loan at $$2,900$ per month for the next three years and then $$1,900$ per month for two years after that. If the bank is charging customers $9\mathrm{.}50$ 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.