2. As the frequency of compounding increases within the annual period, what happens to the relation between the EAR and the APR? 3. True/False (Explain): A savings account with annuity due will accumulate more interest amount than a savings account with annuity ordinary. 4. The bank near my home is offering 2% interest compounded semiannually, and the bank near my works is offering 2% interest compounded quarterly on deposits. All other services and cost are exact same for the banks. Where should I keep my money? Explain. 5. True/False (Explain): Higher the interest rate, higher the Present Value of future cash flows