Question 3 compounding operations calculate the present value of a present lump sum or series of cash flows. while discounting operations calculate the future value of a future lump sum or series of cash flows.. True False 1pts Question 4 You deposit $100 at the beginning of each month into an investment that earns 6% per annum compounded. The investment's value at the end of the 5th year will be... $598 $6,977 $7,012 $7,170 None above