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Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.85%. Economy Fund charges a front-end load of 2%, but has

Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.85%. Economy Fund charges a front-end load of 2%, but has no 12b-1 fee and an expense ratio of 0.15%. Assume the rate of return on both funds portfolios (before any fees) is 7% per year.

. How much will an investment of $100 in each fund grow to after 1 year?

Loaded-Up Fund $
Economy Fund $

b. How much will an investment of $100 in each fund grow to after 2 years?

Loaded-Up Fund $
Economy Fund $

c. How much will an investment of $100 in each fund grow to after 15 years?

Loaded-Up Fund $
Economy Fund $

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