The table shows the value of the FTSE 100 share index over 6-month periods for 2 years. Month & Value (E) January 2017 & 7,147 July 2017 & 7,455 January 2018 & 7,692 July 2018 & 7,668 January 2019 & 7,154 If the value of shares held in the FTSE 100 was £ 2,450 in July 2017, what would it be in July 2018?

## Step 1:First, we need to calculate the percentage change in the value of the FTSE 100 share index from July 2017 to July 2018.## Step 2:The formula to calculate the percentage change is:### ## Step 3:Substitute the given values into the formula:### ## Step 4:Calculate the percentage change:### ## Step 5:Now, we need to calculate the value of the shares in July 2018. The formula to calculate the final value after a percentage change is:### ## Step 6:Substitute the given values into the formula:### ## Step 7:Calculate the final value:###