In the Newton-Raphson method, an initial guess of x0 = 2 is made and the sequence x0, x1, x2,... is obtained for the function 0.75x^3 - 2x^2 - 2x + 4 = 0. Consider the statements
(I) x3 = 0.
(II) The method converges to a solution in a finite number of iterations.
Which of the following is TRUE?