Future value (with changing interest rates). Jose has $6 comma 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 %.

b. Bond fund at 8.5 %.

c. Mutual stock fund at 14 %.

d.New venture stock at 21 %.

a.What will be the value of Jose's bank CD investment that offers an annual rate of return of 3 % 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 8.5 % 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 14% 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 21% for 4 years?