The l.. James Co. invested $10,000 six years ago at 5% simple interest. The l.M. Smart Co. invested $10,000 six years ago at 5% interest which is com pounded annually. Which one of the following statements is true concerning these two investments? I. The I.C. James Co. has an account value of $13,400.96 today Il. The I.C. James Co. will have an account value of $13,400.96 six years from now. III. The I.M Smart Co. will earn $525 interest in the second year IV. Both the I.C. James Co. and the I.M. Smart Co. will earn $500 interest in the first year. I and Ill only O I, Il and IV only Il and IV only II, Ill and IV only IlI and IV only