Compound Interest. Investments in the stock market have increased at an average compound rate of about 10
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Compound Interest. Investments in the stock market have increased at an average compound rate of about 10 percent since 1926.
a. If you invested $1,000 in the stock market in 1926, how much would that investment be worth today?
b. If your investment in 1926 has grown to $1 million, how much did you invest in 1926?
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Related Book For
Study Guide To Accompany Fundamentals Of Corporate Finance
ISBN: 9780073012421
5th Edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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