How much would that investment be worth today

Reference no: EM13294265

Could you please provide step to step solution. I would really appreciate it! 16) Compound interest Investments in the stock market have increased at an average compound rate of about 5% since 1900. It is now 2007. A) If you invested $1000 in the stock market in 1900, how much would that investment be worth today? B) If your investment in 1900 has grown to $1 million, how much did you invest in 1900?

Reference no: EM13294265

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