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P3-3 (similar to) Question Help o Future value (with changing interest rates). Jose has $3,000 to invest for a 4-year period. He is looking at
P3-3 (similar to) Question Help o Future value (with changing interest rates). Jose has $3,000 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 3.5% b. Bond fund at 9%. c. Mutual stock fund at 15% 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 3.5% for 4 years? $(Round to the nearest cent)
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