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Future value? (with changing interest? rates). Jose has ?$8,000to invest for a 2?-year period. He is looking at four differentinvestment choices.What will be the value of his investment at the end of 2 yearsfor each of the following potential? investments?a.??Bank CD at 4.5?%.b.??Bond fund at 7.5?%.c. Mutual stock fund at 12?%.d.??New venture stock at 25?%.a.??What will be the value of? Jose's bank CD investment thatoffers an annual rate of return of 4.5?% for 2 ?years? ?$___???(Round to the nearest? cent.)b.??What will be the value of? Jose's bond fund investment thatoffers an annual rate of return of 7.5?% for 2 ?years? ?$ ___?(Round to the nearest? cent.)c.??What would be the value of? Jose's mutual stock fundinvestment if it earns an annual rate of return of 12?% for 2?years? ?$___??(Round to the nearest? cent.)d.??What would be the value of? Jose's new venture stockinvestment if it earns an annual rate of return of 25?% for 2?years? ?$____??(Round to the nearest? cent.)
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