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uppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1904 . It

image text in transcribed uppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1904 . It is ow 2020. lote: For all requirements, do not round intermediate calculations. Round your answer to 2 decimal places. a. If your great-grandfather invested $1,000 in 1904 , how much would that investment be worth today? b. If an investment in 1904 has grown to $1 million, how much was invested in 1904

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