$($X$)$ Question $3$

An investor plans to make an investment of $$25,000$ into one of two funds: Fund $A$ or Fund B$.$ The gross return before expenses on each fund is $R=4\%.$

The fee structure for each fund is shown in the Fund Fee Schedule table below.

Answer the following:

What is the net dollar return for Fund B if you close your investment $($e$.$g$.,$ sell your shares$)$ after $10$ years? Enter your answer with at least two decimal places.

Your Answer: $36300\mathrm{.}58$

Incorrect

The answer is $35,211\mathrm{.}56+-0\mathrm{.}005.$