Question

Jose has ​$5,000 to invest for a 2​-year period. He is looking at four different investment...

Jose has ​$5,000 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 4​%.

b.Bond fund at 7​%.

c. Mutual stock fund at 15​%.

d.New venture stock at 25​%.

a.What will be the value of​ Jose's bank CD investment that offers an annual rate of return of 4​% for 2 ​years? ​$ nothing  ​(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 7​% for 2 ​years? ​$ nothing  ​(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 15​% for 2 ​years? ​$ nothing​(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 25​% for 2 ​years?

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