You are comparing two investment options that each pay 5 percent interest, compounded annually. Both options will provide you with $12,000 of income. Option A pays three annual payments starting with $2,000 the first year followed by two annual payments of $5,000 each. Option B pays three annual payments of $4,000 each. Which one of the following statements is correct given these two investment options?

	A.	Option B has a higher present value at time zero than does option A
	B.	Option B is perpetuity
	C.	Option A has the higher future value at the end of year three
	D.	Both options are of equal value given that they both provide $12,000 of income
	E.	Option A is an annuity