Which of the following is not a true statement when interest rates are positive?

Question $6$ Answer

a$.$

Present values and discount rates move in opposite directions from each other.

b$.$

All else equal, the longer the term of the loan, the lower the total interest that has to be paid on the loan.

c$.$

Future values increase with interest rates.

d$.$

On monthly compounded loans, the EAR will exceed the APR.