Unfortunately, Christopher’s television got broken. He needs a new one immediately so he decided to buy one using his credit card. He then realized that he can only start paying after 6 months when his brother could help him in saving for the house. Thus, he called the bank and requested to start paying after six months. The bank granted the request with 9% interest converted monthly. If he has to pay ₱1,500 at the end of each month for 12 months, how much is the present value of his television?