Question: Which of the following statements is true? Select one: O a Future values decrease with increases in interest rates O b. Compounding essentially means earning

 Which of the following statements is true? Select one: O a

Which of the following statements is true? Select one: O a Future values decrease with increases in interest rates O b. Compounding essentially means earning interest on interest O c Present values and discount rates move in the same direction with one another O d. On loans with monthly compounding, the APR will exceed the EAR O e else the same, the longer the term of a loan the lower will be the total interest you pay on it

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