Business, 25.11.2020 01:00, hailee24

Suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1909. It is now 2016. Required:
a. If someone invested $1,000 in 1909, how much would that investment be worth today?
b. If an investment from 1903 has grown to $1 million, how much was invested in 1903?
c.

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Suppose that the value of an investment in the stock market has increased at an average compound rat...