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Assingment 4(1)

# Assingment 4(1) - Maple T.A Gradebook...

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System Homepage » Class Homepage » Student Details » Student Assignment Details ActSci 231 W09 : Gradebook Welcome Po-Wei Chuang [ My Profile ] Assignment detail for Po-Wei Chuang in Assignment 4: Po-Wei Chuang Login: pchuang Email: [email protected] Student ID: 20260696 Assignments completed: 9 Assignments active: 0 Question Grade 1 On January 1, 2005, Tracy's investment account had a balance of \$8,590. She deposited \$1,000 on March 1, 2005, deposited \$3,000 on June 1, 2005, withdrew \$1,000 on September 1, 2005 and withdrew \$2,000 on November 1, 2005. At the end of 2005 Tracy's balance was \$10,850.8. Calculate Tracy's approximate dollar-weighted yield. (Use the simple interest approximation.) Assume one month is 1/12th of a year. Your Answer: 0.12096 Correct Answer: .12 Comment: A = 8,590, B = 10,850.8, C = 1,000, I = 1,260.8, Σ C t (1-t) = 1,916.666667, i = 0.12 Instructors Comment: 0.0 2 During 1998, Omar had a dividend payment of \$50 directly deposited to his saving account on the first day of each month. Find the accumulated value of these payments at the end of the year if his savings account had a nominal discount rate of 4.8% payable monthly.

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Assingment 4(1) - Maple T.A Gradebook...

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