Question: Future value (with changing interest rates). Joso has $2,000 to invest for a 4-year period. He is looking at four different investment choices. What will

 Future value (with changing interest rates). Joso has $2,000 to invest

Future value (with changing interest rates). Joso 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% b. Bond fund at 8.5% c. Mutual stock fund at 12% d. New venture stock at 21% a. What will be the value of Jose's bank CD investment that offers an annual rate of return of 3% for 4 years? (Round to the nearest cent.) b. What will be the value of Jose's bond fund investment that offers an annual rate of retum of 8.5% for 4 years? (Round to the nearest cent.) c. What would be the value of Jose's mutual stock fund investment if it ears an annual rate of return of 12% for 4 years? (Round to the nearest cent.) d. What would be the value of Jose's new venture stock investment if it ears an annual rate of return of 21% for 4 years? (Round to the nearest cent.)

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