Alberto leaves his estate of $1,000,000 to his son Harry, his daughter Grace, and his dear alma mater North Central College in the form of a perpetuity paid by the interest on the value of the estate. The payments are to be paid monthly based on a nominal annual interest rate of 8% compounded monthly. The payments are to be divided as follows: Harvey will receive the first ten years of payments. Grace will receive the next twenty years of payments. North Central College will receive all further payments. What is the value of Alberto's gift to each party at the time he makes it