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Can someone show me how to do this without using excel. here is the dollar weighted formula the approximation version is this, On January 1,

image text in transcribedCan someone show me how to do this without using excel.

here is the dollar weighted formula

image text in transcribed

the approximation version is this,

image text in transcribed

On January 1, an investment account is worth $500,000. On April 1, the account value has increased to $530,000, and $120,000 of new principal is deposited. On August 1, the account value has decreased to $575,000, and $250,000 is withdrawn. On January 1 of the following year, the account value is $400,000. Compute the yield rate using the dollar-weighted method. = (1 + 1) + (1 + 1)1-1. 0

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