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Calculate the after-withdrawal future value of $10,000 invested for five years in each share dass in the table below. In terms of costs, which would
Calculate the after-withdrawal future value of $10,000 invested for five years in each share dass in the table below. In terms of costs, which would be the best investment for someone who knows the fund will be sold at the end of the five-year period? Assume that each funds gross (before fees) total return is 11.00 percent per year Cost Front-end load Back-end load Class "A" 4.78 0.00 Class "B" 0.00 4.26 Declining 1% per year 080 050 Class "C" 0.00 1.45 First year only 095 100 Management fee 120-1 foe 0.55 0.25 Theater-withdrawal future value of the Class A share in five years is (Round to the nearest cent)
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