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The Investments Fund sells Class A shares with a front-end load of 6% and Class B shares with 12b1 fees of . 5% annually as

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The Investments Fund sells Class A shares with a front-end load of 6% and Class B shares with 12b1 fees of . 5% annually as well as back-end load fees that start at 5% and fall by 1% for each full year the investor holds the portfolio (until the fifth year after which there is no end-load fee). Assume the portfolio rate of return net of operating expenses is 10% annually. You have $1,000 to invest in either share class. Answer each question in dollars rounded to 2 decimal places. If you plan to sell the fund after four full years, how much will you net when selling Class B shares

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