A household (HH) savings-account spreadsheet shows the following entries: ...
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Accounting
A household (HH) savings-account spreadsheet shows the following entries: |
Date | Additions | Withdrawals | Value |
1/1/10 | 148,000 | ||
1/3/10 | 2,500 | ||
3/20/10 | 4,000 | ||
7/5/10 | 1,500 | ||
12/2/10 | 14,360 | ||
3/10/11 | 23,000 | ||
4/7/11 | 3,000 | ||
5/3/11 | 198,000 | ||
Calculate the dollar-weighted average return on the HH savings account between the first and final dates. (Round your answer to 2 decimal places. Omit the "%" sign in your response.) |
Dollar-weighted average |
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