Mr. X is planning for her retired life. She has 10 more years of service.He would like to deposit 20% of his salary, which is P 5,000, at the end ofthe first year, and thereafter he wishes to...

Mr. X is planning for her retired life. She has 10 more years of service. He would like to deposit 20% of his salary, which is P 5,000, at the end of the first year, and thereafter he wishes to deposit the amount with an annual increase of P 500 for the next 9 years with an interest rate of 12%. What is the equivalent uniform annual deposit for the next 10 years?