4) Loaded-Up Fund charges a 12b-1 fee of 1.75% and maintains an expense ratio of .75%. Economy Fund charges a front-end load of 3.5% but has no 12b-1 fee and an expense ratio of .40%. Assume the rate of return on both funds' portfolios (before any fees) is 7% per year. How much will an investment of $1000 in each fund grow to after:

a. 1 year.

b. 4 years.

c. 9 years.