Please I need help with these questions thanks

For a given nominal rate, increasing the compounding frequency will decrease the amount of interest earned on an investment. True False Question 2 (1 point) If an investment doubles in 9 years, how long will it take to quadruple (at the same rate of interest)? Less than 18 years. Impossible to tell without more information. 18 years exactly. More than 18 years. Question 3 (1 point) Calculate the future value of $5,100 earning 6% compounded quarterly (j4) for 8.5 years. Round your answer to 2 decimal places. Your Answer: Answer Question 4 (1 point) Alex is selling his sailboat and has received an offer of $6,000 now plus an additional $7,000 in 6 months. Using a discount rate of 3% compounded monthly (312), calculate the value of the offer in today's dollars. Round you answer to 2 decimal places. Your Answer: Question 5 (1 point) Imagine that you have $5,000 to invest for 16 years. How much more interest will you earn if you choose an account that pays 7% compounded annually (j1) instead of an account that pays a simple interest rate of 7% per annum? Round you answer to 2 decimal places. Your Answer: Answer Question 6 (1 point) If you invested $20,000 into an account paying 9% compounded monthly (112), how much would you have in the account after 24 years? Round your answer to 2 decimal places. Your