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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Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
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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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