Question

which of the following statements is true?
A: Regardless of the value of the interest rate, holding all else equal, increasing the compounding frequency will decrease the future value.
B: Regardless of the value of the interest rate, holding all else equal, increasing the compounding frequency will increase the future value.
C: At high interest rates, increases in compounding frequency will decrease the future value.
D: At low interest rates, increases in compounding frequency will decrease the future value.
E: None of the above.