A charity organization will donate for the education of indigent students. The donation will be spent as follows: P1,489,404 annually for each of the 1^st five years; P2,220,121 annually for each of the next five years; and P3,281,986 annually thereafter. The funding will begin one year after the organization is established. If the money earns 24% cpd. monthly, what is the amount of the donation?