Yomakie investment has been told that they may win their bid to house the Haastrup Library if they can guarantee that they can fund the upkeep and repairs in perpetuity. The library is expected to cost ₦20000 every year for light bulbs, plus ₦100,000 every two years for minor repairs plus an additional ₦5,000,000 every 5years for a complete refurnishing of the facility. How much must be deposited today to guarantee the funding of these expenses? Assume a nominal interest rate of 6% compounded monthly