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Question 8 Loaded-Up Fund charges a 12b-1 fee of 0.75% and maintains an expense ratio of 0.75%. Economy Fund charges a front-end load of 2.5%,

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Question 8 Loaded-Up Fund charges a 12b-1 fee of 0.75% and maintains an expense ratio of 0.75%. Economy Fund charges a front-end load of 2.5%, 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 12% per year. How much will an investment of $1,000 in each fund grow to after: Round your answer to 2 decimal places, use 000's separators (commas) where appropriate, do not enter dollar signs (no $) Loaded-Up Fund 1 Year 10 Years 1065 1877.14 5 pts Economy Fund 1050.56 2056.73

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