Your accountant offers you two investment options that each pay 5%interest, compounded annually. Both investments will returna total of $15,000. Investment A pays $3,000 the first year followed by two annual payments of $6,000 each. Investment B pays three annual payments of $5,000 each. Given a positive discount rate, whichstatementis correct?

A) Both options are of equal value since they both provide $12,000 of income.

B) Option B is a perpetuity.

C) Option B has a higher present value at time zero.

D) Option A has the higher future value at the end of year three.

E) Option A is an annuity.