Which of the following is not true? One can calculate the future value of annuities with hand. The Effective Annual Rate (EAR) can be compounded daily. The Effective Annual Rate (EAR) is higher than with the stated or nominal interest rate assuming that the APR >0, and the rate compounds more than once a year. All of the above is (that is, all of the other options are) true. Suppose you will invest $1,600 each year at the interest rate of 8.7%, beginning one year from now. Assuming the interest rate compounds annually, what will be the total future value of these investments 30 years from now? $206,249.18$231,356.24$199,643.35$312,258.39