45. You have an investment opportunity with a nominal rate of 6% compounded daily. If you want to have $100,000 in your investment account in 15 years, how much should you deposit today, to the nearest dollar?a. $43,233b. $41,727c. $40,930d. $40,660Answer: (d)46. You have determined the present value of an expected cash inflow stream. Which of the following would cause the stream to have a higher present value?a) The discount rate increases.b) The cash flows are paid over a shorter period of time.c) The discount rate decreases.d) Statements (b) and (c) are both correct.Answer: (d)