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Loaded - Up Fund charges a 1 2 b - 1 fee of 1 % and maintains an expense ratio of 0 . 8 0

Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.80%. Economy Fund charges a front-
end load of 2%, but has no 12 b-1 fee and has an expense ratio of 0.20%. Assume the rate of return on both funds'
portfolios (before any fees) is 10% per year.
Required:
a. How much will an investment of $100 in each fund grow to after 1 year? (Do not round intermediate calculations.
Round your answers to 2 decimal places.)
b. How much will an investment of $100 in each fund grow to after 4 years? (Do not round intermediate calculations.
Round your answers to 2 decimal places.)
c. How much will an investment of $100 in each fund grow to after 14 years? (Do not round intermediate calculations.
Round your answers to 2 decimal places.)
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