Suppose that the value of an investment in the

stock market has incriased at an average

compound rate of about $4\%$ since $1928.$

It is now $2022.$ Note: For all requirements,

do not round intermediate calculations.

Round your answer to $2$ decimal places. a$.$

if your grat$-$grandfather invested $$1,000$ in

$1928,$ how much would that investment

be worth today?