This essay focuses on Money has different values based on time.Before beginning work on this assignment, please review the expanded grading.

Money has different values based on time

Before beginning work on this assignment, please review the expanded grading
rubric for specific instructions relating to content and formatting.
Money has different values based on time. Money in your pocket has a current
value, but money owed to you has a varying value based on how sure it is that
you will receive it and when. It is possible to estimate its value. In this
assignment, you will analyze the value of money on the basis of this Week’s
learning.
Review Understanding The Time Value of Money to attain more information on
how the value of money is based on time.
Find the following values for a lump sum assuming annual compounding:
Firstly,  The future value of $500 invested at 8 percent for 1 year
Secondly, The future value of $500 invested at 8 percent for 5 years
Thirdly, 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
 Analyze present and future values and their implications for the balance
sheet and the budget of an organization.
Submission Details:
  To support your work, use your course and textbook readings and also use
the South University Online Library. As in all assignments, cite your
sources in your  work and  provide references for the citations in APA
format.
  Your assignment should be addressed in a 2- to 3-page document.
  Submit your document to this appropriate Submissions