a. 4. Which of the following statement(s) is most correct? (6 points) As the discount rate increases, the present value of an annuity of $1 over the next five years increases. b. The future value of the ordinary annuity is greater as the interest rate decreases. As a credit cardholder, you prefer monthly compounding to daily compounding. d. As a lender, you prefer annual compounding to quarterly compounding. All of the above. c. e