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*PLEASE HELP* Need help with ALL QUESTIONS for a STUDY GUIDE!
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Suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1915. It is now 2019. a. If your great grandfather invested $1,000 in 1915, how much would that investment be worth today? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Investment b. If an investment in 1915 has grown to $1 million, how much was invested in 1915? (Enter your answer in dollars. Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value Suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1915. It is now 2019. a. If your great grandfather invested $1,000 in 1915, how much would that investment be worth today? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Investment b. If an investment in 1915 has grown to $1 million, how much was invested in 1915? (Enter your answer in dollars. Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value
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