Problem $6-26$ Calculating Annuity Present Values $[$LO$1]$

Beginning three months from now, you want to be able to withdraw $$1,700$ each quarter from your bank account to cover college expenses over the next four years. If the account pays $\mathrm{.}39$ percent interest per quarter, how much do you need to have in your bank account today to meet your expense needs over the next four years? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$