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Assume that you are managing an account with a beginning value of $500, 000. You receive a payment of $50, 000 in one month with

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Assume that you are managing an account with a beginning value of $500, 000. You receive a payment of $50, 000 in one month with the account value at the end of the month of $600, 000. At the end of second month you see a withdrawal of $20, 000 with the end of the month account value of $620, 000. The account has a value of $700, 000 with an additional deposit of $20, 000 at the end of the third month. Based on the above transactions, compute the Time Weighted and Money Weighted rate of return for the account

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