If you had $1,000 invested in the stock market at its peak in 1929, approximately how much would it have been worth at the lowest level in 1932?
A)$50
B)$150
C)$350
D)$450
E)$750

Question

Quizplus · Accepted Answer

At the lowest point in 1932, the stock market had lost about 85% of its value from its peak in 1929. Therefore, if you had $1,000 invested at the peak, it would have been worth approximately $150 at its lowest level.

If You Had $1,000 Invested in the Stock Market at Its