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Unformatted text preview: 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: firstname.lastname@example.org Student ID: 20260696 Assignments completed: 9 Assignments active: 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, 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...
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This note was uploaded on 03/24/2010 for the course ACTSC 231 taught by Professor Chisholm during the Winter '09 term at Waterloo.
- Winter '09