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You invest in a mutual fund that charges 1.7% front-end load and 0.50% in total annual fees. You invested $100,000 on this mutual fund. Each
You invest in a mutual fund that charges 1.7% front-end load and 0.50% in total annual fees. You invested $100,000 on this mutual fund. Each year this investment generated a(n) 8% rate of return consistently for 3 years. What will be your Overall, Total return on this investment (not annualized) if you cash out after 3 years. Enter your answer in the box below and use negative numbers to represent losses. Round to two decimals and enter your answer as a full percentage number, for example, if your answer is 23.32%, you must enter 23.32.
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