An investment account has a value of $3000 on 1/1/2017. On 6/1/2017, the value of the account has increased to $3039 and a deposit of X is made. On 10/1/2017, the value of the account balance is $4261 and $820 is withdrawn. On 1/1/2018, the investment account is worth $3534. Compute the time-weighted rate of return if the dollar-weighted rate of return is equal to 7.09%. Possible Answers A 6.79 B 6.85 C 6.93 D 7.02 E 7.08