Question: Future value (with changing interest rates). Jose has $6,000 to invest for a 3-year period. He is looking at four different investment choices. What will

Future value (with changing interest rates). Jose has $6,000 to invest for a 3-year period. He is looking at four different investment choices. What will be the value of his investment at the end of 3 years for each of the following potential investments? a. Bank CD at

b. Bond fund at 7.5%. c. Mutual stock fund at 13%.

d. New venture stock at 20%.

a. What will be the value of Jose's bank CD investment that offers an annual rate return of 4.5% for 3 years?

$ (Round to the nearest cent.)

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