Initially, Mahendra decides to invest the $15,000 at an interest rate of 5%, compounded semi-annually, for 3 years. At the end of this period, he plans to take the total amount from this investment and add an additional $1,100 from his personal savings to boost his fund. He will then reinvest the combined total at a rate of 6%, compounded monthly, for an additional 2 years. How much money will Mehendra have in 5 years’ time?