Problem 7 - Dollar-weighted and Time-weighted rate of returns An investment account has a value of S3000 on 1/1/2014. On 7/1/2014, the value of the account has increased to $3039 and a deposit of X is made. On 9/1/2014, the value of the account balance is $4249 and $600 is withdrawn. On 1/1/2015, the investment account is worth $3766. Compute the time-weighted rate of return if the dollar-weighted rate of return is equal to 7.63%