A new company developed a program in which employees will be allowed to purchase shares of stock of the company at the end of its fifth year of operation, when the company is thought to have gained stability, at par value of P100 per share. Believing in the good potential of the company, an employee decided to save in a bank the amount of P8,000 at the end of every year which will earn 9% interest, compounded annually. How many shares will he be able to purchase at the end of the fifth year?