2.)If you invest 8,080 at t=0 in a mutual fund, then how much do you have at t = 40 if the annual gross return is 0.1? For this exercise you can assume that the expense ratio is 0.008 per year and the front-end load is 0.008 and the back-end load is 0.005. 3.) You invest 10,319 at t = 0 in an active mutual fund that is benchmarked against the S&P 500. If you sell your shares in the mutual fund at t = 40, then how much money will you have? You can assume that the annual gross return is 0.083 and the expense ratio is 0.009 and the long-term capital gains tax rate is 15 % (There are no front- or back-end loads for this question)