An investment fun had a balance on january 1 of 273000 and


An investment fun had a balance on January 1 of $273,000 and a balance on December 31 of $372,000. The amount of interest earned during the year was $18,000, and the computed yield rate on the fund was 6%. What was the average date for contributions to and withdrawals from the fund?

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Financial Management: An investment fun had a balance on january 1 of 273000 and
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