The Amount People Are Willing to Pay to Drink a Bottle

The amount people are willing to pay to drink a bottle of a certain vintage of wine when it is t years old is $2 + 3t. It costs $.50 a bottle per year to store this wine. The interest rate is 5%. If the annual cost of storing the wine rises to $1, what will be the effect on the price of this wine when it is consumed and on the length of time for which it is stored before it is consumed?

A) Both will rise.
B) Both will fall.
C) The price will rise and the time for which it is stored will fall.
D) The price will not change but the time for which it is stored will fall.
E) The price will rise and the time for which it is stored will stay constant.