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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

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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: 4, 687 million Year 2: 4, 787 million Year 3: 5, 148 million Year 4: 4, 936 million Year 5: 5, 485 million

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