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You are considering investing $24,000 in a mutal fund. The fund charges a front-end load of 1.75% and an annual expense fee of 0.85% of

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You are considering investing $24,000 in a mutal fund. The fund charges a front-end load of 1.75% and an annual expense fee of 0.85% of the average asset value over the year. You believe the fund's gross rate of return will be 9% per year. If you make the investment, what should your investment be worth in one year? A. $24,656 B. $27,363 C. $25,493 D. $26,310 O E. $24,059

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