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You are planning to invest $10,000 in a mutual fund. You find one that you like and notice that is offers two classes of shares.

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You are planning to invest $10,000 in a mutual fund. You find one that you like and notice that is offers two classes of shares. Class A shares have a 2% front-end load, 0.25% 12b-1 fee, and 0.50% management fee. Class C shares have no load, but carry a 0.50% 12b-1 fee and 1.00% annual management fee. If the fund earns 6% per year before fees and you plan to sell after seven years, which class do you pick? O Class A, it should be $412.44 higher 0 Class C, it should be $135.50 higher O Class A, it should be $195.35 higher O Class C, it should be $14.29 higher

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