Anthony and Michelle Constantino just got married and received $31,000 in cash gifts for their wedding. How much will they have on their twenty-fifth anniversary if they place half of this money in a fixed-rate investment earning 4 percent compounded annually. Would the future value be larger or smaller if the compounding period was 6 months? How much more or less would they have earned with this shorter compounding period? Click on the table icon to view the FVIF table E If they place half of this money, PV, in a fixed rate investment earning 4 percent compounded annually, the amount they will have, FV, on their twenty-fifth anniversary is $ 41,320.46. (Round to the nearest cent.) Would the future value be larger or smaller if the compounding period was 6 months? (Select the best choice below.) O A. Smaller. The greater the number of compounding periods per year, the smaller the impact of compound interest, all else equal. O B. Larger. The greater the number of compounding periods per year, the larger the impact of compound interest, all else equal. O C. Equal. The number of compounding periods per year does not influence the future value. The additional amount they would have earned with this shorter compounding period is $. (Round to the nearest cent.)