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(1 point) On January 1, an investor placed 8000 in a fund. The balance grew to 8640 on July 1. The investor then deposited an
(1 point) On January 1, an investor placed 8000 in a fund. The balance grew to 8640 on July 1. The investor then deposited an amount X. After the deposit, the balance increased by 11% from July 1 to December 31. Let i be the annual effective yield rate and j be the time-weighted rate of return for the year. If we increase the value of X, which of the following statements is TRUE? i remains the same and j decreases i increases and j decreases i remains the same and j remains the same i decreases and j increases i remains the same and j increases i decreases and j decreases i increases and j increases i decreases and j remains the same i increases and j remains the same (1 point) On January 1, an investor placed 8000 in a fund. The balance grew to 8640 on July 1. The investor then deposited an amount X. After the deposit, the balance increased by 11% from July 1 to December 31. Let i be the annual effective yield rate and j be the time-weighted rate of return for the year. If we increase the value of X, which of the following statements is TRUE? i remains the same and j decreases i increases and j decreases i remains the same and j remains the same i decreases and j increases i remains the same and j increases i decreases and j decreases i increases and j increases i decreases and j remains the same i increases and j remains the same
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