2.Compounding is the process of finding the present value of some future amount. 0 True C False 13.Jamie deposits $1,000 into an account that pays 4% interest compounded annually. Chris deposits $1,000 into an account that pays 4% simple interest. Both deposits were made today. All else equal, Jamie made the better investment. C True False 15.The LC. James Co. invested $10,000 six years ago at 5% simple interest. The LM. Smart Co. invested $10,000 six years ago at 5% interest which is compounded annually. The LC. James Co. will have an account value of $13,400.96 six years from now. 0 True C False 18.Present values increase as the discount rate increases. True C False The accessing Investinate 92F Clear D de ENG 2:51 PM 612022