You are comparing two annuities. Annuity A pays $115 at the end of each year for 5 years. Annuity B pays $105 at the beginning of each year for 5 years. The rate of return on both annuities is 8 percent. Which one of the following statements is correct given this information?

	A	Annuity B has both a higher present value and a higher future value than Annuity A.
	B	Annuity A has both a higher present value and a higher future value than Annuity B.
	C	Annuity A has the same present value and future value as Annuity B.