If Y(subscript 1) = 116 and Y(subscript 7) = 225, then the simple index number for period 7 (denoted I(subscript 7)) is:?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
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If Y(subscript 1) = 116 and Y(subscript 7) = 225, then the simple index number for period 7 (denoted I(subscript 7)) is:?
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