You plan to invest $2,000 today in a mutual fund that earns 6% annually for 5 years. Which of the following statements is TRUE?

Select one:

a. All else being equal, if the interest rate doubles, the future value doubles.

b. All else being equal, if the number of periods doubles, the future value doubles.

c. All else being equal, if both the interest rate and the number of periods double, the future value doubles.

d. All else being equal, if the initial investment doubles, the future value doubles.