Kachine has $12,000 in savings that he wishes to invest in the QCYN Growth Fund. The fund has a front-end load of 3%, a back-end load of 3% which decreases by 0.75% per year (i.e., back-end load will be 2.25% at the end of the first year), and an expense ratio of 1%. Assuming the assets in the fund do not grow, how much will he pay in fees if he cashes out after 3 years of no gain? $658.69 $762.19 $790.43 $875.13 None of the above