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QUESTION 8 You are given the following information about an investment account: Date Balance Before Deposit/Withdrawal Deposit/Withdrawal Amount Jan. 1, 2019 10 Jul. 1, 2019

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QUESTION 8 You are given the following information about an investment account: Date Balance Before Deposit/Withdrawal Deposit/Withdrawal Amount Jan. 1, 2019 10 Jul. 1, 2019 12 Deposit P Jan. 1, 2020 2P Over the year, the dollar weighted rate of return is 20%, and the time weighted rate of return is Y. Calculate Y. Give your answer as a percentage rounded to four places (i.e. X.XXXX%). Do not include the percent sign in BlackBoard. Note: Deposits would be positive values

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