All other things being equal, the numerical difference between a present and a future value corresponds to the amount of interest earned during the deposit or investment period. Each line on the following graph corresponds to an interest rate: 0%, 9%, or 18%. Identify the interest rate that corresponds with each line. Inestrients and lobns bese their interest calculations on one of two possible methodst the Interest and the unkerest methose. Bots methods apply thee variables - the amount of principal, the interest rate, and the invesement or deposit period-to the Assume that the variables 1,N, and PV represent the interest rate, investment or deposit period, and present value of the amount deposited or invested, respectively. Which equation best represents the calculation of a future value (FV) using: Compound interest? FV=PV(1+1)NFV=PV/(1+1)NFV=(1+1)N/DV Simple interest? W=PV/(PV1N)W=PV+(PV1N)F=PV(PV1N) Intify whether the following statements about the simple and compound interest methods are true or false. Statement True False Everything else held constant, an account that earns compound interest will grow more quickly than an otherwise identical account that earns simple interest. All other factors being equal, both the simple interest and the compound interest methods will not generate the amount of earned interest by the end of the first year. After the end of the second year and all other factors remaining equal, a future value based on compound interest will exceed a future value based on simple interest. Mia is willing to invest $35,000 for thee years, and is an economically rational investor, She has identified three investment altematives ( L, M, and P ) that vary in their method of calculating interest and in the annual interest rate offered. Since she can only make one investment during the three-year investiment penod, complete the following table and indicate whether Mia should imvest in each of the investments. Note: When calculating each imvestrnent's future value, assume that all interest is earned annually. The final value should be rounded to the nearest whole dollar