Suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1917. It is now 2020. Note: For all requirements, do not round intermediate calculations. Round your answer to 2 decimal places. a. If your great-grandfather invested $1,000 in 1917, how much would that investment be worth today? Investment b. If an investment in 1917 has grown to $1 million, how much was invested in 1917? Present value

Suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1917 . It is now 2020. Note: For all requirements, do not round intermediate calculations. Round your answer to 2 decimal places. a. If your great-grandfather invested $1,000 in 1917 , how much would that investment be worth today? Investment b. If an investment in 1917 has grown to $1 million, how much was invested in 1917