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5) Loaded-Up Fund charges a 12b1 fee of 1% and maintains an expense ratio of 0.90%. Economy Fund charges a front-end load of 2% but

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5) Loaded-Up Fund charges a 12b1 fee of 1% and maintains an expense ratio of 0.90%. Economy Fund charges a front-end load of 2% but has no 12b1 fee and has an expense ratio of 0.10%. Assume the rate of return on both funds' portfolios (before any fees) is 8% per year. a) How much will an investment of $100 in each fund grow to after 1 year? b) How much will an investment of $100 in each fund grow to after 5 years

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