Question: Future value (with changing interest rates). Jose has $7,000 to invest for a 4 -year period. He is looking at four different investment choices. What

Future value (with changing interest rates). Jose has $7,000 to invest

Future value (with changing interest rates). Jose has $7,000 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 11%. d. New venture stock at 23%. 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.)

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