Maintenance costs for pollution control equipment on a pulverized coal cyclone furnace are expected to be P 800,000 two years from now and another P 900,000 four years from now. If LPM Coal Fired...

Maintenance costs for pollution control equipment on a pulverized coal cyclone furnace are expected to be P 800,000 two years from now and another P 900,000 four years from now. If LPM Coal Fired Power Plant wants to set aside enough money now to cover these costs, how much must be invested at an interest rate of 12% per year compounded quarterly?