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Future value(with changing interestrates). Jose has Ci Future value (with changing interest rates). Jose has $5,000 to invest for a 5year period. He is looking

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Future value(with changing interestrates). Jose has

image text in transcribed
Ci Future value (with changing interest rates). Jose has $5,000 to invest for a 5year period. He is looking at four different investment choices. What will be the value of his investment at the end of 5 years for each of the following potential investments? a. Bank CD at 4.5%. b. Bond fund at 8%. (2. Mutual stock fund at 14%. d. 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 4.5% for 5 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 5 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 5 years? 55 (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 5 years? 15 (Round to the nearest cent.)

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