Question
The following is a record of Jamess investment account for calendar year 2001: date 1/1/2001 3/1/2001 4/1/2001 T/1/2001 1/1/2002 Account Value before deposits or withdrawls
The following is a record of Jamess investment account for calendar year 2001:
| date | 1/1/2001 | 3/1/2001 | 4/1/2001 | T/1/2001 | 1/1/2002 |
| Account Value before deposits or withdrawls | 1000 | 1040 | 990 | 1180 | 1300 |
| Deposit | 170 | x | |||
| Withdrawl | 90 | 2 |
For 2001 the time-weighted yield rate is 13.75% and the dollar-weighted yield rate is 12.81% In what month did James make the deposit of X?
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The Charles Schwab Guide To Finances After Fifty
Authors: Carrie Schwab-Pomerantz, Joanne Cuthbertson
1st Edition
0804137366, 978-0804137362
