On January 1, an investor placed 9000 in a fund. The balance grew to 9720 on July 1. The investor then deposited an amount X. After the deposit, the balance increased by 11% from July 1 to December 31.

Let i be the annual effective yield rate and j be the time-weighted rate of return for the year.

If we increase the value of X, which of the following statements is TRUE?

i remains the same and j decreases i increases and j remains the same i increases and j increases i decreases and j remains the same i remains the same and j remains the same i remains the same and j increases i decreases and j decreases i increases and j decreases i decreases and j increases