The IRR function in Microsoft Excel was used to calculate the internal rate of return on Savings Account A with these results:

Row	Column A	Column B
1	Cash flow	Savings account A
2	now	-1,000
3	in year 1	0
4	in year 2	1,123.60
5	internal rate of return	6.0%

Which is true?

Group of answer choices

$1,123.60 is the amount of cash that will be in Savings Account A at the end of 2 years.

$1,000 was initially deposited in Savings Account A.

Savings account A earns annual interest at a rate of 6%.

All of the above statements are true.