Havingbeen suspended from doing any work in the Village of kampville, Christian decided to borrow money from Nica to meet his needs. An amount of P40,000 is due in a year, an amount of P10,000 is due in 3 years, P5,000 due in four years, and P5,000 in 5 years. If money is worth 3% compounded quarterly, find the equated time for paying this debt.