Consider a fund that sells shares of both Class A and Class B. The Class A shares have a front-end load of 5% and the Class B shares have 12b-1 fees of 0.5% annually. The portfolio has a rate of return (net of operating expenses) of 10% and both classes have a NAV of $180. Assume that you plan to invest $15,000 in the fund.

	Class A	Class B
Front-end	5%	0%
12b-1 fees	0%	0.5%
Return	10%	10%
NAV	$180	$180
Invest	$15,000	$15,000
Years	4	4

If you plan to sell the fund after 4 years, what is the ending value of the Class A shares?

The ending value of the Class A shares would be $ . Round your answers to 2 decimal places.

If you plan to sell the fund after 4 years, what is the ending value of the Class B shares?

The ending value of the Class B shares would be $ . Round your answers to 2 decimal places.