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Economy fund charges a front-end load of 5%, but has no 12b-1 fee. Assume the rate of return net of operating expenses is 7.5% per
Economy fund charges a front-end load of 5%, but has no 12b-1 fee. Assume the rate of return net of operating expenses is 7.5% per year for the fund and initial investment of $10,000. How much is the value of the fund in 15 years
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