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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 $ to invest for a year period. He is looking at four different investment choices. What will be the value
of his investment at the end of years for each of the following potential investments?
a Bank CD at
b Bond fund at
c Mutual stock fund at
d New venture stock at
a What will be the value of Jose's bank CD investment that offers an annual rate of return of for years?
$ Round to the nearest cent.
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