XL Fund has Class A shares with an operating expense ratio 1% and a front-end load of 4%.If you invest $10,000 in it and assume the annual portfolio return is 11%, what will be the value of your investment 10 years later?

I was given this answer but can someone explain and provide the dry bones formulas used so I can plug these numbers in myself for future problems

$10000(14%)(1+11%1%)10=$24,899.93