Question
Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.75%Economy Fund charges a front-end load of 2% but has no
Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.75%Economy Fund charges a front-end load of 2% but has no 12b-1 fee and has an expense ratio of 0.25%. Assume the rate of return on both fundsportfolios (before any fees) is 9% per year
How much will an investment of $100 in each fund grow to after 13 years?
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Payroll Accounting 2016
Authors: Bernard J. Bieg, Judith Toland
26th edition
978-1305665910, 1305665910, 1337072648, 978-1337072649
