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Future value(with changing interestrates). Jose has $4,000 to invest for a 3-year period. He is looking at four different investment choices. What will be the

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Future value(with changing interestrates). Jose has $4,000 to invest for a 3-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 3 years for each of the following potentialinvestments?

a.Bank CD at 3%.

b.Bond fund at 8%.

c. Mutual stock fund at 14%.

d.New venture stock at 22%.

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Future value (with changing interest rates). Jose has $4,000 to invest for a 3-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 3 years for each of the following potential investments? 3. Bank CD at 3%. h. Bond fund at 8%. c. Mutual stock fund at 14%. (I. New venture stock at 22%. a. What will be the value of Jose's bank CD investment that offers an annual rate of return of 3% for 3 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% for 3 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 14% for 3 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 22% for 3 years? $:| (Round to the nearest cent.)

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