1. You plan to invest an amount of money in five-year certificate of deposit (CD) at your bank. The stated interest rate applied to the CD is 12 percent. How much must you invest if you want the balance in the CD account to be $8,000 in five years? $4539.20 $4,678.82 $7,589.29 $4,823.13 1. Other things being equal, if the interest rate increases, the future value will Be higher Be lower Stay the same. Cannot tell