An Index Has a Market Value of $695,200 at the Beginning

question 83

Multiple Choice

An index has a market value of $695,200 at the beginning of the period and $735,000 at the end of the period. If you want the beginning index value to be 100, what is the ending index value?

• A)104.73
• B)105.42
• C)105.72
• D)105.89
• E)106.72

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Definitions:

Area

The extent of a two-dimensional surface within a boundary.

Multiply

The process of combining two numbers or quantities to get their product.

Simplify

Reducing a mathematical expression or equation to its most basic form without changing its value.

Special Product Pattern

Formulas that simplify the multiplication of algebraic expressions.