On october 1 his fund balance is 3800 and he deposits 1200


Jeff invests $7400 in a mutual fund on June 1.

On October 1, his fund balance is $3800, and he deposits $1200. On the following June 1, his fund balance is $2400. What is Jeff's time-weighted rate of return?

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Financial Management: On october 1 his fund balance is 3800 and he deposits 1200
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