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Investments in the stock market have increased at an average compound rate of about 5 % since 1 9 0 5 . It is now
Investments in the stock market have increased at an average compound rate of about since It is now
a If you invested $ in the stock market in how much would that investment be worth today? Do not round intermediate calculations. Round your answer to decimal places.
Investment
b If your investment in has grown to $ million, how much did you invest in Do not round intermediate calculations. Round your answer to decimal places.
Present value
$
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