Holding present value and discount rate constant, the greater the number of periods... O the lower the future value. . O the greater the future value. has no impact on future value. Ivan's daughter will be going to college in 10 years. The first year of college is estimated to be $45,000. Ivan wants to pay the $45,000 for the first year of the program. How much money does Ivan have to invest today in order to have $45,000 to pay for the first year of the program ten years from now? The money will be invested in a bond which pays 6% interest rate compounded annually. A You find an investment that promises 15% in returns every year. You put $1,000 into this investment today and do not take any monies out for 45 years. How much will your investment be worth in 45 years