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Wealth Inequality: The Top 1% Explained

Guided Notes (Teacher Key)

The compounding math runs both ways in these answers, $10,000 growing to about $150,000 and $100,000 growing to about $1,500,000 at 7 percent over 40 years, then the racial gap gets reported, a median white household near $285,000 against a median Black household near $44,900.

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