Indicate whether each of the following statements is true (T) or false (F). True (T) or False (F) Statement b. Simple interest ignores the time value of money principle. C. $1,791 10 years from now is equivalent to $900 now if the interest rate equals 8% per year. d. Cash-flow diagrams are analogous to free-body diagrams for mechanics problems e. For a specified value of F at EOY N, P at time zero will be larger for r= 10% per year than it will be for r= 10% per year, compounded monthly