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Vora Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.80%. Vora fund charges a front- end load of 2%, but
Vora Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.80%. Vora fund charges a front- end load of 2%, but has no 125-1 fee and an expense ratio of 0.20%. Assume the rate of return on both funds' portfolios (before any fees) is 10% per year. a. How much will an investment of $100 in each fund grow to after 1 year? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Loaded-Up Fund Economy Fund b. How much will an investment of $100 in each fund grow to after 4 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Loaded-Up Fund Economy Fund c. How much will an investment of $100 in each fund grow to after 14 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Loaded-Up Fund Economy Fund
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