All else equal, a smaller APR results in which of the following? lower present values larger number of periods per year lower future values higher effective annual rates QUESTION 2 All else equal, fewer compounding periods results in which of the following? larger number of periods per year lower present values lower future values higher effective annual rates QUESTION 3 All else equal, less frequent compounding results in which of the following? higher effective annual rates lower future values larger number of periods per year lower present values All else equal, more compounding periods per year results in which of the following? fewer number of periods per year higher effective annual rates lower future values higher present values QUESTION 5 Compute the present value of a $10 payment when the discount rate is 13.5 percent with annual compounding and the payment is in 12 years? Answers should be rounded to two decimal places. Example $3.25