Suppose that the parents of a young child decide to make annual deposits into a savings account, with first deposit being made on the child’s fifth birthday and the last deposit on the fifteenth birthday. Then starting on the child’s eighteenth birthday up to his 22nd birthday, withdrawals of Php119167 ever years are to be made. If the interest rate is 8% compounded continuously, what are the annual deposits in years five through fifteen? (Round off the answer to 2 decimal places)

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