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Franklin's investment fund had a balance of $270,000 on January 1, 1995 and a balance of $447,000 two years later. The amount of interest earned
Franklin's investment fund had a balance of $270,000 on January 1, 1995 and a balance of $447,000 two years later. The amount of interest earned during the two years was $34,000, and the annual yield rate on the fund was 5.4%. Estimate the (dollar-weighted) average date of contributions to the account. (Round your answer to the nearest integer.)
The average date of payment is days after January 1, 1995.
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