A pair of investments have identical future values of $15,000 with 15-year maturities. Option A has an 8% interest rate compounded annually. Option B has a 10% simple interest rate.

Which statements are true about the present values of the investments?

Select all that apply.
Option A has a lower PV than Option B.

Option A has a PV of $55,839.

Option B has a lower PV than Option A.

Option A has a PV of $558.39.

Option B has a PV of $5000.

Option B has a PV of $6000.