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The PHC is offering a prize of $ 6 comma 0 0 0 per week for 4 years. If the interest rate is 5 .

The PHC is offering a prize of $6 comma 000 per week for 4 years. If the interest rate is 5.2%, compounded weekly, what is the present equivalent value of the prize? What is the future equivalent value at the end of 4years? Assume 52 weeks in a year.

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