An investor pays the following separate amounts into a fund: \\[ \\begin{array}{l} 11,500 \\text { at } t=4 \\text { years } \\\\ 19,100 \\text { at } t=11 \\text { years } \\\\ 8,500 \\text { at } t=27 \\text { years } \\end{array} \\] The fund pays an effective quarter-yearly rate of discount of \2.9 during the first 9 years and an effective half-yearly rate of interest of \5.8 for the remaining period until the end of year 27 . Assuming that no withdrawals are to be made throughout the entire term of this investment, calculate the present value of the fund (i.e. at time \\( t=0 \\) )