Question: C3 Q2 please help me solve all 4 parts Future value (with changing years). Dixie Bank offers a certificate of deposit with an option to

C3 Q2 please help me solve all 4 parts

C3 Q2 please help me solve all 4 parts Future value (with

Future value (with changing years). Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan has $8,000 for his CD investment. If the bank is offering a 4% interest rate, compounded annually, how much will the CD be worth at maturity if Jonathan picks a a. three-year investment period? b. five-year investment period? c. ten-year investment period? d. fifteen-year investment period? a. How much will the $8,000CD investment at 4% interest rate be worth at maturity if Jonathan picks a 3-year investment period? $ (Round to the nearest cent.)

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