The cash disbursements for the construction of the new office of ABC Inc, are listed as follow:

PAYMENT 1.Payment of P25,800 at the end of the 2nd and 4th year and P15,150 at the end of 6th year.

PAYMENT 2.Monthly payments of P3,900 at the beginning of each month for 5 years.

PAYMENT 3.Perpetuity of P2,660 every six months starting 3 years from now.

If money is worth 10.13% compounded quarterly, determine the following:

6.Equivalent semi-annual (end-of-period) payments of all payments for 5 years.