I am having trouble with part a, because the method used in class requires that you know what the intial balance is, but here we do not.

Q # 3: You contributed $ 10,000 on Jan. 1, 2012 in a fund. On Jan1, 2013, your fund balance was $ 11,000 and you withdrew $ 500 immediately. On Jan 1, 2014 your fund balance was $ 9,450 and you deposited $1,000. On Jan. 1, 2015 your fund balance was $ 12,450, and you withdrew $ 1,000. On Jan. 1, 2016, your fund balance was $ 9,450 and you invested additional $ 2,000. On Jan. 1, 2017, your fund balance was $ 15,000. For the 5-year period (2012-2016): a) Find the Approx. Annual Dollarweighted yield (6 decimals). b) Find the Exact Annual Dollar-weighted yield (6 decimals). c) Find the Annual Time-Weighted Yield for the fund (6 decimals)