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Which of the following statements is correct? If the discount rate falls, then the present...

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Which of the following statements is correct? If the discount rate falls, then the present value of a potential investment would also fall The present value of multiple cash flows is greater than the sum of those cash flows The more frequently the interest payments are compounded, the smaller the future value of $1 to be invested today If Bank A pays interest on a monthly basis and Bank B pays the same interest rate, but on a daily basis, then investing $1,000 in Bank B will result in a higher future value compared to investing the same amount in Bank A Compound interest increases as the number of years decreases

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