b. Pearl is investing in a 5-year certificate of deposit that earns 3.6% APR compounded monthly. If she would like to have $6000 in the account at the end of 6 years, how much money should she initially deposit in the account? PV = PMT= FV = APR = Periods = Compounding:

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Stock Market Indices

Stock indexes are used to compare the price fluctuations of a group of stocks of similar companies, which are combined based on a similar industry or a particular market capitalization limit or type of market. The price comparison is based on a pre-determined standard method or indicators. These stock indexes are usually considered a base for comparison of a particular stock, and the performance of that particular company can be easily determined.