Question 15 (4 points) Given the same number of periods and the same payment value per period, as the interest rate increases, what happens to the present value and the future value of annuities? the present value increases, and the future value decreases O the present value decreases, and the future value increases O the present value decreases, and the future value decreases O the present value increases, and the future value increases Question 17 (4 points) Suppose you deposit $100 at the BEGINNING of each month into an account that has an annual percentage rate (APR) of 6%, based on monthly compounding. How much will you have in the account in 30 years? $100,451.50 $3,228.00 $40,170.33 $6,643.88 me Left:0:16:31 Question 23 (4 points) A bank offers a quoted rate (APR) of 5 percent per year for a savings account that pays interest quarterly. What is the effective annual rate of the savings account? O24.62 percent 5.08 percent 15.09 percent 17.96 percent