Question 1 and 2 pls

1. Suppose you would like to invest $5000 into a mutual fund for three years. The following 3 mutual fund all have an expected annual return of 12% but with different fee structures. Which mutual fund would you like to purchase? Fund A 2% 2% if redeem within 1 year; 0% otherwise Fund B Fund C 3% 0 0 Front-end Load Back-end Load 0% Management Fee 1.25% 12b-1 1.75% 0.5% 0.2% 0% 2. Jim and Anges Mitchem would like to retire in 30 years. They estimate that their retirement income needs will be 70% of the $64,000 current annual household expenditures They expect to receive annual social security benefits $24,000 and annual employer pension funds $12,000 upon retirement. They are comfortable with getting an 8% annual return on their investment before retirement. They expect a 7% return on their assets after retirement and will stay retired for another 40 years. Assuming a 3% inflation rate, what would the annual savings needed to fund their retirement