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Future value (with changing interest rates). Jose has $7,000 to invest for a 2 -year period. He is looking at four different investment choices. What
Future value (with changing interest rates). Jose has $7,000 to invest for a 2 -year period. He is looking at four different investment choices. What will be the value of his investment at the end of 2 years for each of the following potential investments? a. Bank CD at 4.5%. b. Bond fund at 8.5%. c. Mutual stock fund at 15%. d. New venture stock at 20%. a. What will be the value of Jose's bank CD investment that offers an annual rate of return of 4.5% for 2 years? : (Round to the nearest cent.) b. What will be the value of Jose's bond fund investment that offers an annual rate of return of 8.5% for 2 years? \& (Round to the nearest cent.) c. What would be the value of Jose's mutual stock fund investment if it earns an annual rate of return of 15% for 2 years? (Round to the nearest cent.) d. What would be the value of Jose's new venture stock investment if it earns an annual rate of return of 20% for 2 years? I (Round to the nearest cent.)
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