Gloria intends to start her Sew-and-Go shop at the new shopping centre that will open its doors on 25 October 2025. On 6 February 2025 she deposited R50 000 into an account that earns 8,9% per year compounded every two months, starting at the beginning of the year. If fractional compounding is used for the whole period, then the amount that Gloria will have available when the shopping centre opens will equal