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A fund is to be donated by wealthy man to provide scholarships to deserving students. The fund will grant Php 6 9 4 2 for
A fund is to be donated by wealthy man to provide scholarships to deserving students. The fund will grant Php for each semiannual of the first five years, Php for each quarter of the next five years, and each month thereafter. The scholarship will start one semiannual after the fund is established. If the fund earns per year compounded bimonthly, what is the amount of the donation?
Round your answer to decimal places.
Add vour answer and show its cash flow diagram
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