A fund is to be donated by wealthy man to provide scholarships to deserving students. The fund will grant Php 6482 for each semiannual of the first five years, Php 9808 for each quarter of the next five years, and P 11300 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?

A fund is to be donated by wealthy man to provide scholarships to deserving students. The fund will grant Php 6482 for each semiannual of the first five years, Php 9808 for each quarter of the next five years, and P 11300 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?