Mathematics, 25.11.2021 08:30 LilFlamingo247
On January 1, 2017, Luciano deposits 90 into an investment account. On April 1, 2017, when the amount in Luciano's account is equal to X, a withdrawal of W is made. No further deposits or withdrawals are made to Luciano's account for the remainder of the year. On December 31, 2017, the amount in Luciano's account is 85. The dollar-weighted return over the one-year period is 20%. The time-weighted return over the one-year period is 16%. Calculate X.
A. 101.1
B. 103.6
C. 105.6
D. 107.6
E. 109.6
Answers: 3
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