You are saving for retirement. On April 1, you deposit $515 in your target-date fund....
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You are saving for retirement. On April 1, you deposit $515 in your target-date fund. By May 15, your initial deposit is worth $530 and you deposit an additional $262 at that time. On August 15, your account shows a value of $826 and you make a further deposit of $271. On November 30, your account shows a balance of $1087. What is your time-weighted return (in percent) for the period April 1 - November 30? Answer to two decimals. Carry intermediate calculations to six decimals.
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