Question: Future value ( with changing years ) . Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan

Future value (with changing years). Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan has $7,000 for his CD
investment. If the bank is offering a 6% interest rate, compounded annually, how much will the CD be worth at maturity if Jonathan picks a
a. two-year investment period?
b. five-year investment period?
c. eight-year investment period?
d. fifteen-year investment period?
a. How much will the $7,000CD investment at 6% interest rate be worth at maturity if Jonathan picks a 2-year investment period?
(Round to the nearest cent.)
Future value (with changing years). Dixie Bank offers a certificate of

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