FALL 2020 Financial Management 3400 - 2532 Latoya Winbush 2 Homework: M2: Time Value of Money -- Chapters 3 & 4 Sai Score: 0 of 5 pts 2 of 14 (10 complete) HW Score: 56.94%, 31.32 of 55 P3-2 (similar to) Question Help Future value (with changing years). Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan has $10,000 for his CD investment. If the bank is offering a 4% interest rate, compounded annually, how much will the CD be worth at maturity if Jonathan picks a a. three-year investment period? b. five-year investment period? c. eight-year investment period? d. fifteen-year investment period? a. How much will the $10,000 CD investment at 4% interest rate be worth at maturity if Jonathan picks a 3-year investment period? (Round to the nearest cent.)