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Business, 10.03.2020 06:05 jazzwok

Bright Future Investment Fund has a balance of $1, 205 on January 1. On May 1, the balance is $1, 230. Immediately after this balance is noted, $800 is added to the fund. if there are no further contributions to the fund for the year and the time-weighted annual yield for the fund is 11.1%, what is the fund balance at the end of the year

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Bright Future Investment Fund has a balance of $1, 205 on January 1. On May 1, the balance is $1, 23...
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