fund is to be donated by wealthy man to provide scholarships to deserving students. The fund will grant Php 6083 for each semiannual of the first five years, Php 9292 for each quarter of the next five years, and P 11421 each month thereafter. The scholarship will start one semiannual after the fund is established. If the fund earns 8% per year compounded bimonthly, what is the amount of the donation? Interest rate should be rounded of by 5 decimal places and final answer to 2 decimal places

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