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1a. If the NASDAQ (a measure of the overall strength of the

stock market not unlike the Dow Jones Industrial Average we discussed in class, NASDAQ was initially an acronym for National Association of Securities Dealers Automated Quotations) increases by 0.3% on Monday, by 1.4% on Tuesday, by 1.2% on Wednesday, by 2.7% on Thursday, and decreases by 0.8% on Friday, what is the growth factor for the entire week? 

 

1b. If during a different week (with 5 business days) the NASDAQ has an overall increase of 8%, but increases by the same percentage every day for 5 days, what would that daily percentage be?

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