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  • Sep 25, 2014, 03:47 PM
    ixtrem1st
    Time value of money
    Investments in stock market have increased at an average compound rate of about 5% since 1900. It is now 2012.

    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?
  • Sep 25, 2014, 05:44 PM
    ma0641
    Google your question. We don't do your homework. Plenty of answers.

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