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A simple index of three stocks opens the day with these values: The index rises 3.4% over the course of the day. What is the value of the index at the end of the day? Round your answer to the nearest hundred. A. $44,800 B. $45,100 C. $45,400 D. $43,900
5000 * $4.10 + 2000 * $4.50 + 4000 * $3.60 = $43,900 $43,900 + ($43,900 * 0.034) = $45,392.60 C.
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