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On January 1, an investment account is worth 50,000. On May 1, the value has increased to 52,000 and 8,000 of new principal is deposited. At time t, in years, (4/12

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Answer:

Time-weighted rate of return is 0.5885

Step-by-step explanation:

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On January 1, an investment account is worth 50,000. On May 1, the value has increased-example-1
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