Michael, right now the radiator has .7(3.4) = 2.38 liters of antifreeze and 1.02 liters of water.
We need 1.7 liters of each, so we need to drain 0.68 of antifreeze and add 0.68 of water, which we can't just do, of course, so we'll have to drain 1.36 liters to get us to 1.7 liters of antifreeze and 0.34 liters of water. Putting 1.36 liters of water gets us to our 50/50 mix.
Hope this helps!