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Loaded - Up Fund charges a 1 2 b - 1 fee of 1 % and maintains an expense ratio of 0 . 6 5

Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.65% Economy Fund charges a front-end load of 2%, but has no 12b-1 fee and has an expense ratio of 0.35%Assume the rate of return on both fundsportfolios (before any fees) is 6% per year . Required: a. How much will an investment of $100 in each fund grow to after year? (Do not round intermediate calculationsRound your answers to 2 decimal places.) Mutual Fund Investment Values Loaded- Up Fund Economy Fund b How much will an investment of $100 in each fund grow to after 3 years? (Do not round intermediate calculations . Round your answers to 2 decimal places.) Mutual Fund Investment Values Loaded - Up Fund Economy Fund

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