Question: Which has a greater present value, A ) $ 6 , 0 0 0 in 1 year plus an additional $ 6 , 0 0

Which has a greater present value, A) $6,000 in 1 year plus an additional $6,000 in 4 years assuming a 7.5% interest rate or B) $12,000 today assuming a 7.5% interest rate. Assume all amounts are compounded annually.
Option A; it it worth approximately $2,3 more
Option B; it is worth approximately $1,926 more
Neither; Option A and Option B have the same present value
Unknown; it is not possible to compute present value with the given information
 Which has a greater present value, A) $6,000 in 1 year

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