A household savings-account spreadsheet shows the following entries: Date Additions Withdrawals Value 1/1/2016 148,000 1/3/2016 2,500 3/20/2016
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A household savings-account spreadsheet shows the following entries:
Date Additions Withdrawals Value 1/1/2016 148,000 1/3/2016 2,500 3/20/2016 4,000 7/5/2016 1,500 12/2/2016 13,460 3/10/2017 23,000 4/7/2017 3,000 5/3/2017 198,000 Calculate the household’s dollar-weighted average return between the first and final dates.
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Rustia Melrod
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