Just need the answers to the writing questions

Formulas Charts SmartArt Home Layout Tables Font Edit | | | AA | A | | | Fill : | Times New Roman | |: 10 aste A148 7Present Value with daily compounding: Inputs: Periods per year Interest rate per period Number of periods Amount to be received in future 0 2 Present Value Effective Annual Rate 4 5 Why is present value lower with daily compounding? The present value is lower with daily compounding because the effective annual rate of interest is highe 1 6 proportional to the rate of interest, the present value decreases as interest rate inereases. Why is effective annual rate the same for present value as it is for future value in part k, above? 18 what would be the Future Value for problem . above with monthly compounding and if total annu 50 paid monthly. What will be the effective annual rate? 2 Future Value with monthly payments and compounding: 53 Periods per year Interest rate per period Number of periods 56 Future Value- Effective Annual Rate 58 59 Why is future value higher with monthly payments and compounding? Please give two reasons. 60 61 62 163 Reason 1: Reason 2: Why is the effective annual rate lower for monthly compounding compared to daily compounding? 164 n. What would be the Present Value for problem h. above with monthly compounding and i 165 paid monthly 166 Present Value with monthly payments and r f total annua 167