ge 2: Question 7 (1 point) Which of the following statements is/are) true? (1 point) 1. Compounding essentially means earning interest on interest. II. On monthly compounded loans, EAR will exceed APR. III. It is possible to compute FV of perpetuity. IV. Present values and discount rates move in the opposite directions from one another V. Future values decrease with rising interest rates. se 3: A) All of them ce 4: B) I, II, IV, and V ce 5: C) I, II, III, and IV OD) I, II and IV ce 6: OE) II, III and IV