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An investment fund has a value of $1000 on January 1, 2020. On July 1, 2020, the value of the fund is $1100, at which
An investment fund has a value of $1000 on January 1, 2020. On July 1, 2020, the value of the fund is $1100, at which time the investor withdraws X from the fund. On January 1, 2021, the value of the fund is once again $1000. The time-weighted rate of return on this fund during the year is exactly 8%. Find the dollar-weighted rate of return
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