the opportunity cost rate is 8 percent, Cost Accounting

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Find the following values for a single cash flow:

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

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

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

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

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