A. A mutual fund invests in a security that generates 5% per year risk free before fees. The mutual fund charges a 0.50% annual expense ratio. How much money would you have if you invested $100 in this fund for 10 years?

B. A hedge fund invests in a security that generates 5% per year risk free before fees. The hedge fund charges, annually, a 2% management fee and 20% incentive fee . How much money would you have if you invested $100 in this fund for 10 years?