This is text we are using :Gapenski, L. C. (2016). Healthcare Finance: An Introduction to Accounting and Financial Management, Sixth Edition, 6th Edition. Assignment 2: Dropbox AssignmentPresent and Future ValuesMoney 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.Tasks:Find the following values for a lump sum assuming annual compounding:The future value of $500 invested at 8 percent for 1 yearThe future value of $500 invested at 8 percent for 5 yearsThe present value of $500 to be received in 1 year when the opportunity cost rate is 8 percentThe present value of $500 to be received in 5 years when the opportunity cost rate is 8 percentDiscuss present and future values and their implications for the balance sheet and the budget of an organization.Review Understanding The Time Value of Money to attain more information on how the value of money is based on time.Submission Details:Present your analysis as a 2-page report in a Microsoft Word document formatted in APA style.On a separate page, cite all sources using APA format.By Week 4, Day 6, submit your assignment to the W4 Assignment 2 Dropbox.Assignment 2 Grading CriteriaMaximum PointsCalculated the future value for 1 year.8Calculated the future value for 5 years.8Calculated the present value for 1 year.8Calculated the present value for 5 years.8Discussed the implications of present and future values for the budget and the balance sheet.10Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.8Total:50
This is text we are using Gapenski, L. C. (2016). Healthcar
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