what is the estimated average return for the s&p financial index and the s&p 500 index in the firs year of the investment of $ 100?
jpmorgan chase & co./2018 form 10-k 41 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co . ( 201cjpmorgan chase 201d or the 201cfirm 201d ) common stock with the cumulative return of the s&p 500 index , the kbw bank index and the s&p financial index . the s&p 500 index is a commonly referenced equity benchmark in the united states of america ( 201cu.s . 201d ) , consisting of leading companies from different economic sectors . the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s . and is composed of leading national money center and regional banks and thrifts . the s&p financial index is an index of financial companies , all of which are components of the s&p 500 . the firm is a component of all three industry indices . the following table and graph assume simultaneous investments of $ 100 on december 31 , 2013 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2013 2014 2015 2016 2017 2018 .

| December 31,(in dollars) | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| :--- | :--- | :--- | :--- | :--- | :--- | :--- |
| JPMorgan Chase | $100.00 | $109.88 | $119.07 | $160.23 | $203.07 | $189.57 |
| KBW Bank Index | 100.00 | 109.36 | 109.90 | 141.23 | 167.49 | 137.82 |
| S&P Financial Index | 100.00 | 115.18 | 113.38 | 139.17 | 169.98 | 147.82 |
| S&P 500 Index | 100.00 | 113.68 | 115.24 | 129.02 | 157.17 | 150.27 |

december 31 , ( in dollars ) .

a = 115.18 / 100
b = 113.68 / 100
c = a - 1
d = b - 1
e = c + d
f = e / 2 
answer = f * 100