You are saving for retirement on april 1 you deposit 517 in, Ask an Expert

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You are saving for retirement. On April 1, you deposit $517 in your target-date fund. By May 15, your initial deposit is worth $534 and you deposit an additional $300 at that time. On August 15, your account shows a value of $839 and you make a further deposit of $284. On November 30, your account shows a balance of $1079. What is your time-weighted return (in percent) for the period April 1 - November 30? Answer to two decimals. Carry intermediate calculations to six decimals.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92783973

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