Future value(with changing interestrates). Jose has $8 comma 000

8,000 to invest for a 2

2-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 2

2 years for each of the following potentialinvestments?

a.Bank CD at 4.5

4.5%.

b.Bond fund at 7.5

7.5%.

c. Mutual stock fund at 12

12%.

d.New venture stock at 25

25%.

a.What will be the value ofJose's bank CD investment that offers an annual rate of return of 4.5

4.5% for 2

2 years?

$

(Round to the nearestcent.)

b.What will be the value ofJose's bond fund investment that offers an annual rate of return of 7.5

7.5% for 2

2 years?

$

(Round to the nearestcent.)

c.What would be the value ofJose's mutual stock fund investment if it earns an annual rate of return of 12

12% for 2

2 years?

$

(Round to the nearestcent.)

d.What would be the value ofJose's new venture stock investment if it earns an annual rate of return of 25

25% for 2

2 years?

$

(Round to the nearestcent.)