5-3 How is the compounding process related to the payment of interest on savings? What is the general equation for future value? 5-4 What effect would a decrease in the interest rate have on the future value of a deposit? What effect would an increase in the holding period have on future value? 5-5 What is meant by "the present value of a future amount"? What is the general equation for present value? 5-6 What effect does increasing the required return have on the present value of a future amount? Why? -7 How are present value and future value calculations related