Mike invests $10,000 in the Dow Jones Industrial Index on January 1, 2000 when the index was at 11,357. At the end of 2010, the index was at 11,578. What is the value of Mike's investment?

Question

Quizplus · Accepted Answer

The value of Mike's investment would be slightly higher than $10,000 due to the increase in the index from 11,357 to 11,578, but the exact value would depend on the specific performance of the stocks in the index and any dividends reinvested.

Mike Invests $10,000 in the Dow Jones Industrial Index on January