For a given stated interest rate, given number of year, and a given future cash flow, a decrease in the number of compounding period per year will cause the present value to:

Question 8 options:

	Remain the same
	Will increase if compounding occurs more often than 12 times per year and will decrease if compounding occurs less than 12 times per year.
	Increase
	Decrease
	May increase, decrease or remain the same depending on the number of years until the money is to be received.