Which statement is true?

If all other variables are the same, a 3 year loan costs more than a five year loan.

Financing a car will cost less overall than paying for it all in one payment.

If all other variables are the same, money compounded semiannually always earns more than compounded continuously.

Annual percentage yield is always a smaller number than the annual percentage rate it's based on.

If all other variables are the same, money compounded quarterly always earns more than compounded monthly.

If all other variables are the same, when financing future values, a lower interest rate will reduce your payment amount.