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a 4. (10 points) On January 1, the balance in a fund is 1,000. On March 1, the balance has increased to 1,050 and an
a 4. (10 points) On January 1, the balance in a fund is 1,000. On March 1, the balance has increased to 1,050 and an additional 400 is deposited into the fund. Later in the year the fund balance is 1,600 and a withdrawal is made from the fund. At the end of the year, the balance in the fund is 1,000. The fund's time-weighted rate of return for the year is 15% and its yield rate for the year is also 15%. On what date did the withdrawal occur? (Assume 30-day months). O November 26 O November 28 O November 30 O December 2 O December 5
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