1.What is compounding? What is discounting? (15 points) 2. As you increase the length of time involved what happens to future value? What happens to present values? (15 points) 3. What is the rule of 72? (10 points) 4. What is an APR? What is EAR? Are they the same thing? (10 points) 5. What does it mean to amortize a loan? (10 points)