Question
Assume an investor has an account worth 1000 on Jan.1,2018. On August 1, the account is worth 1100, after which 200 is withdrawn. On January
Assume an investor has an account worth 1000 on Jan.1,2018. On August 1, the account is worth 1100, after which 200 is withdrawn. On January 1, 2019, the balance is 850. Find the time weighted annual rate of return during 2018. The answer is 3.89% can you please help me figure out how to find the answer in actuarial or finance notation. Please no excel.
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The Almanack Of Stanley Druckenmiller From Over 40 Years Of Investing Wisdom With Quantum Fund And Duquesne Capital Management
Authors: Rui Zhi Dong
1st Edition
B0B3NV2H9M, 979-8850611453
