You are promised an 8 year streams of income from buying a new technology at the initial amount of P 40, XXXXXXXXXXIf the income increases by 3%, 4%, 5% and 6% respectively from the 2 nd to 5 th year...

You are promised an 8 year streams of income from buying a new technology at the initial amount of  P 40,000.00. If the income increases by 3%, 4%, 5% and 6% respectively from the 2^nd
to 5^th
year then return to initial amount from the 6^th
to the 8th year, what is the present value of stream of income if the current interest prevailing is 6.5%?