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Loaded - Up Fund charges a 1 2 b - 1 fee of 1 % and maintains an expense ratio of 0 . 6 0
LoadedUp Fund charges a b fee of and maintains an expense ratio of Economy Fund charges a frontend load of
but has no fee and has an expense ratio of Assume the rate of return on both funds' portfolios before any fees is per
year.
Required:
a How much will an investment of $ in each fund grow to after year?
Note: Do not round intermediate calculations. Round your answers to decimal places.
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