PROBLEM 1 Annual Semiannual Quarterly Find the following values for a lump sum: Compounding Compounding Compoundin The future value of $500 invested at 6 percent for one year The future value of $500 invested at 6 percent for five years The present value of $500 to be received in one year when the opportunity cost rate is 12 percent -The present value of $500 to be received in five years when the opportunity cost rate is 12 percent