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Investments in the stock market have increased at an average compound rate of about 5 % per year since 1 9 0 0 . a

Investments in the stock market have increased at an average compound rate of about 5% per year since 1900.
a. If you invested $1,000 in the stock market at the beginning of 1900, how much would that investment be worth in 2011?(Round your answer to the nearest cent.)
Investment value in 2011
$44,761.66
b. If your investment is a sum of money in 1900(beginning of the year) that has grown to $1 million in 2011, how much did you invest in 1900?(Round your answer to the nearest cent.)
Investment value in 1900
$44,761.66
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