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Need some help with working this one out You invest in a mutual fund that charges a 8% front-end load, 2% total annual fees, and

Need some help with working this one out

You invest in a mutual fund that charges a 8% front-end load, 2% total annual fees, and a 3% back-end load, which decreases .5% per year. How much will you pay in fees on a $11,100 investment that does not grow if you cash out after 3 years of no gain?

$1,294

$224

$888

$1,633

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