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Future value ( with changing interest rates ) . Jose has $ 2 , 0 0 0 to invest for a 4 - year period.

Future value (with changing interest rates). Jose has $2,000 to invest for a 4-year period. He is looking at four different investment choices. What will be the value
of his investment at the end of 4 years for each of the following potential investments?
a. Bank CD at 3.5%.
b. Bond fund at 9%.
c. Mutual stock fund at 12%.
d. New venture stock at 23%.
a. What will be the value of Jose's bank CD investment that offers an annual rate of return of 3.5% for 4 years?
$ (Round to the nearest cent.)
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