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Jessica has an account at Barman Brokerage House. She has made the following deposits and withdrawals over the last two years. Calculate Jessica's annual time

Jessica has an account at Barman Brokerage House. She has made the following deposits and withdrawals over the last two years.



Calculate Jessica's annual time weighted return. 

Date January 1, 2009 March 1, 2009 July 1, 2009 May 1, 2010 December 31, 2010 Deposits 5000 5000 0 3000 0 Withdrawals 0 0 3925 0 0 Balance Before Cash Flow 0 4000 10,000 9000 15,000

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