(1 point) Wilson invests 2800 dollars in a mutual fund on January 1. On May 1, his fund balance is 7000 dollars, and he
Posted: Mon Mar 21, 2022 4:37 pm
(1 point) Wilson invests 2800 dollars in a mutual fund on January 1. On May 1, his fund balance is 7000 dollars, and he withdraws 1400 dollars. On the following January 1, his fund balance is 3600 dollars. What is Wilson's time-weighted rate of return? Answer = percent.