Question: When you compound an initial lump sum quarterly instead of monthly at he same nominal interest rate over the same five year period, what will

When you compound an initial lump sum quarterly instead of monthly at he same nominal interest rate over the same five year period, what will happen to the present value? Same question in other words: What happens to the present value if you compound less frequently?

Group of answer choices

A-The present value will get smaller.

B-The present value will get larger.

C-The present value will stay the same.

D-There is not enough information to answer the question.

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