Textbook 5.2.1 The details regarding fund value, contributions and withdrawals from a fund are as follows: Find the effective annual time-weighted rate of return for the two-year period of 2005 and 2006. Fund Values: Date 1/1/05 7/1/05 1/1/06 7/1/06 1/1/07 Amount 1,000,000 1,310,000 1,265,000 1,540,000 1,420,000 Contributions Received: 6/30/05 6/30/06 250,000 250,000 Benefits Paid: 12/31/05 12/31/06 150,000 150,000