Answered: In 2021, the Nasdaq (one of the major…

In 2021, the Nasdaq (one of the major stock exchanges) increased 2467.37 points, an 18.7% increase. What was the opening value for the Nasdaq at the beginning of the year? Keep 2 decimal places

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section: Chapter Questions

Problem 68SGR

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Question

In 2021, the Nasdaq (one of the major stock exchanges) increased 2467.37 points, an 18.7% increase. What was the opening value for the Nasdaq at the beginning of the year? Keep 2 decimal places.

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