Margaret Invests at 6% Simple Interest for Six Years

Multiple Choice

Margaret invests at 6% simple interest for six years. Pete invests at 6%, compounded annually, for eight years. Sylvia invests for eight years at 6% simple interest. Which one of the following
Statements is correct if all three individuals invested the same amount of money on the same day?

A) Margaret will have more money than Sylvia at the end of three years.
B) Pete will have more money than either Margaret or Sylvia at the end of four years.
C) Sylvia will have more money than either Margaret or Pete at the end of six years.
D) Margaret will have less money than Pete but more money than Sylvia at the end of five years.
E) Sylvia and Margaret will have more money than Pete at the end of six years.