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b) For an investment account, you are given: 100 Date (mm/dd/yy) 1/1/96 3/1/96 4/1/96 T/96 1/1/97 Fund value before 104 99 118 130 Deposit 17
b) For an investment account, you are given: 100 Date (mm/dd/yy) 1/1/96 3/1/96 4/1/96 T/96 1/1/97 Fund value before 104 99 118 130 Deposit 17 X Withdrawal 9 The TWRR is 13.75% and the DWRR is 12.81%. Determine T from one of the options below. Show your working. (i) 5/1 (ii) 6/1 (iii) 7/1 (iv) 8/1 (v) 9/1 (vi) 10/1 (vii) 11/1 (viii) 12/1 [6] b) For an investment account, you are given: 100 Date (mm/dd/yy) 1/1/96 3/1/96 4/1/96 T/96 1/1/97 Fund value before 104 99 118 130 Deposit 17 X Withdrawal 9 The TWRR is 13.75% and the DWRR is 12.81%. Determine T from one of the options below. Show your working. (i) 5/1 (ii) 6/1 (iii) 7/1 (iv) 8/1 (v) 9/1 (vi) 10/1 (vii) 11/1 (viii) 12/1 [6]
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