Ren invested in two businesses in 2010. She invested $50,000 in Dawn's Flowers, which guaranteed a 7% return per year. Her investment in Pop's Coffeeshop is represented by the function V(t)=24,500(1.06)t.

Which statements are true?

Select each correct answer.

Dawn's Flowers earned a greater rate of return than Pop's Coffeeshop.

In 2020, the Pop's Coffeeshop investment will have a greater value than the Dawn's Flowers investment.

Ren's initial investment in Dawn's Flowers was greater than her initial investment in Pop's Coffeeshop.

In 2015, the Pop's Coffeeshop investment had a greater value than the Dawn's Flowers investment.