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Investments in the stock market have increased at an average compoundrate of about 5% since 1900. It is now 2013. (LO5-1) a. If you invested

Investments in the stock market have increased at an average compoundrate of about 5% since 1900. It is now 2013. (LO5-1)

a. If you invested $1,000 in the stock market in 1900, how much would that investment be

worth today?

b. If your investment in 1900 has grown to $1 million, how much did you invest in 1900?

Pease provide an equation so that I can understand you method of finding the answers Please do NOT provide this answer in a spread sheet

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