Question 3 (1 point) Listen If the interest rate is increased, the present value of a future payment will increase as well. True False Question 4 (1 point) Listen The annual effective rate is the annually compounded rate that produces the same future value after one year as a given nominal rate True FalseQuestion 5 (1 point) I: If we round up our regular loan payments, the final payment will always be smaller. Question 1 (1 point) an The deferral period lasts from the original deposit date (lump sum) up until the start of the term for the annuity. Question 2 (1 point) -|: When prevailing market rates decline over the time an investor owns a bond. there is often an opportunity to receive a capital gain on the sale of the bond