Given the cash flows below, answer the following question (provide your answer and show work in your uploaded document) (maximum points: 3.33)

                                    Date                Cash Flow       Balance

                                    7/1                      Begin            2,150

                                    7/31                    ------              2,280

                                    8/1                      $180             2,460

                                    8/31                    ------              2,561

                                    9/1                      $100             2,661

                                    9/30                 End               2,500

Calculate the average monthly percent rate of return using the time-weighted method over the three months provided here round your answer to 3 decimals in the form 0.000) Show your work in the uploaded document. Given the cash flows below, answer the following question (provide your answer and show your work in your uploaded document) (maximum points: 3.33)

                                    Date                Cash Flow       Balance

                                    7/1                      Begin            2,150

                                    7/31                    ------              2,280

                                    8/1                      $180             2,460

                                    8/31                    ------              2,561

                                    9/1                      $100             2,661

                                    9/30                 End               2,500

Calculate the average monthly rate of return using the money (dollar)-weighted method over the three months provided here (round your answer to 3 decimals in the form 0.000) Show your work in the uploaded document:

Also, Describe under what circumstances the time-weighted method is preferred to the money (dollar)-weighted method.