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An association had a fund balance of 75 on 1/1 and 60 on 12/31. At the end of every month during this year, the association
An association had a fund balance of 75 on 1/1 and 60 on 12/31. At the end of every month during this year, the association deposited 10. There were withdrawals of 5 on 2/28 and 25 on 6/30, 80 on 10/15 and 35 on 10/31. Find the dollar-weighted rate of return for the year.
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