Samantha opened a savings account this morning. Her money will earn 5 percent interest, compounded annually. After five years, her savings account will be worth $5,600. Assume she will not make any withdrawals. Given this, which one of the following statements is true?
A.
Samantha deposited more than $5,600 this morning.
B.
The present value of Samantha's account is $5,600.
C.
Samantha could have deposited less money and still had $5,600 in five years if she could have earned 5.5 percent interest.
D.
Samantha would have had to deposit more money to have $5,600 in five years if she could have earned 6 percent interest.