you have 1000$. instead of buying a new iphone that costs $1000, you would like to buy shares of apple. if required rate of returns on Apple shares is 5%per year. what would be the worth of $1000 that you have invested in Apple shares 5 years ago?

a-$1000

b- neither a nor b is correct

c- more than $1000 since i have to compound i by 5% per year

d- less than $1000 since i have to discount it by 5% per year

e-i cannot tell since i do not know what iphone price would be in 5 years