You are given the following total market value for an index


You are given the following total market value for an index over a five-year period. Assuming the index starts at 1,000, calculate the index value each year. (Round your answer to 2 decimal places.)

Market value of the stocks

  Year 1: 2,545 million

  Year 2: 2,729 million

  Year 3: 3,090 million

  Year 4: 2,965 million

  Year 5: 3,514 million

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Financial Management: You are given the following total market value for an index
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