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9) An account had a balance of $100,000 at the start of a given year. On February 1st it had dropped to $98,000 and a
9) An account had a balance of $100,000 at the start of a given year. On February 1st it had dropped to $98,000 and a withdrawal of $10,000 was made on September 1st the balance was $100,000 and a deposit of $10,00 was made. At the end of the year the balance was $105,000. a) Find the time weighted rate of return b) Find the dollar weighted rate of return 9) An account had a balance of $100,000 at the start of a given year. On February 1st it had dropped to $98,000 and a withdrawal of $10,000 was made on September 1st the balance was $100,000 and a deposit of $10,00 was made. At the end of the year the balance was $105,000. a) Find the time weighted rate of return b) Find the dollar weighted rate of return
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