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Loaded Up Fund Economy Fund a. 1 year b. 3 years c. 10 years Loaded-Up Fund Charges a 12b-1 fee of 1.00% and maintains an

Loaded Up Fund Economy Fund
a. 1 year
b. 3 years
c. 10 years

Loaded-Up Fund Charges a 12b-1 fee of 1.00% and maintains an expense ratio of 0.50%. Economy Fund charges a front-end load of 3.0%, but has no 12b-1 fee and an expense ratio of 0.25%. Assume the rate of return on both funds portfolios (before any fees) is 7% per year. How much will an investment of $1000 in each fund grow after each year above?

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