Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Accounting    Ask about another Subject  
 
PDA

nate578
Aug 29, 2008, 08:02 AM
Compound Interest. Investments in the stock market have increased at an average compound
rate of about 5 percent since 1900. It is now 2005.
a. If you invested $1,000 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?