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Close Window Question 12 of 13 Moving to another question will save this response 10 points Save Awww Question 12 You are going to invest

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Close Window Question 12 of 13 Moving to another question will save this response 10 points Save Awww Question 12 You are going to invest in Growth Mutual Fund with a 6 percent front-end lond, 0.41 percent 125-1 fee and 1.21 percent other fees. You also can invest in Value Mutual Fund with a 6 percent contingent deferred sales charge that declines I percent per year. The Valie Mutual Fund has 2.8 percent return and an expense ratio of 10 percent. If you plan to keep your investment for 9 years, what annual retum must the growth mutual fund cam to exceed an investment in the value market fand For the toolbar, press ALT F10 (PC) or ALT-FN-F10 (Mac). 5 Paragraph Arial 14px T. Av d !!! v - r 99 M X X T Te D E MacBook Pro

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