Question: Future value (with changing interest rates). Jose has $7,000 to invest for a 2 -year period: He is looking at four different investment choices. What

Future value (with changing interest rates). Jose has $7,000 to invest for a 2 -year period: He is looking at four different investment choices. What will be the value of his investment at the end of 2 years for each of the following potential investments? a. Bank CD at 5%. b. Bond fund at 9% c. Mutual stock fund at 12%. 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 5% for 2 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 9% for 2 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 retum of 12% for 2 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 2 years? (Round to the nearest cent.)

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