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Future value(with changing interestrates). Jose has $5,000 to invest for a 4-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 $5,000 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 potentialinvestments?

a.Bank CD at 4.5%.

b.Bond fund at 8%.

c. Mutual stock fund at 12%.

d.New venture stock at 20%.

image text in transcribed
Future value (with changing interest rates). Jose has $5,000 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 4.5%. b. Bond fund at 8%. c. Mutual stock fund at 12%. 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 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 return of 8% for 4 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 12% for 4 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 4 years? $|:| (Round to the nearest cent.)

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