You are looking at to invest $100,000 for the 12 years. You have already identified two possible mutual funds: Fund A- .09% front-end load and
You are looking at to invest $100,000 for the 12 years. You have already identified two possible mutual funds:
Fund A- .09% front-end load and an expected 13% return
Fund B- .03% front-end load and an expected return of 12.3%.
Calculate the final values of your investments under each fund. What is the difference in total return between the two? (enter answer in $)
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Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
