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An account gains investment income of 9200 during a year. The start and finish balances of the fund were 100,000 and 129,200, respectively. A deposit
An account gains investment income of 9200 during a year. The start and finish balances of the fund were 100,000 and 129,200, respectively.
A deposit was made at time K during the year. No other deposits or withdrawals were made.
The fund earned 8% in the year using the dollar-weighted method.
find K.
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