Loaded-Up Fund charges a 12b-1 fee of 1.00% and maintains an expense ratio of 0.75%. Economy Fund charges a front-end load of 2.0%, 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 8% per year.

How much will an investment of $1,000 in each fund grow to after: (Round your answers to 2 decimal places.)

Loaded-up fund economy fund

a. 1 year

b. 3 years

c. 10 years