All Else Being the Same, Which of the Following Statements

Multiple Choice

All else being the same, which of the following statements is correct?

A) Present values increase as the discount rate increases I only.
B) Present values decrease as the discount rate decreases.
C) Present values increase the further away in time the future value.
D) Present values are always smaller than future values when both r and t are positive.
E) Present values are always smaller than future values when r is negative and t positive.