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Future value (with changing interest rates). Jose has $4,000 to invest for a 4-year period. He is looking at four different investment choices. What will
Future value (with changing interest rates). Jose has $4,000 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 4%. b. Bond fund at 8%. c. Mutual stock fund at 12%. d. New venture stock at 24%. a. What will be the value of Jose's bank CD investment that offers an annual rate of return of 4% for 4 years? $9456.86 (Round to the nearest cent.)
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