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Find the following values for a lump sum assuming annual compounding:

The future value of $500 invested at 8 percent for 1 year.

The future value of $500 invested at 8 percent for 5 years.

The present value of $500 to be received in 1 year when the opportunity cost rate is 8 percent

The present value of $500 to be received in 5 years when the opportunity cost rate is 8 percent.

Discuss present and future values and their implications for the balance sheet and the budget of an organization.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91813617

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