QUESTION 23 Given an interest rate of zero percent, the future value of a lump sum invested today will always. Increase if the investment time period is lengthened Be infinite in value Increase if the investment time period is shortened Remain constant. regardless of the investment time period QUESTION 24 Which of the following is TRUE? The APR (annual percentage rate) is the annual rate quoted by law Lenders prefer less frequent compounding the APR (annual percentage rate) is used to compare two investments with different compounding periods The APR is the best measure of the actual rate you are paying on a loan