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. You invest in a mutual fund that charges a 6% front-end load, 1% total annual fees, and a 2% back-end load, which decreases 0.5%
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You invest in a mutual fund that charges a 6% front-end load, 1% total annual fees, and a 2% back-end load, which decreases 0.5% per year. How much will you pay in fees on a $12,000 investment that does not grow if you cash out after 3 years of no gain? Multiple Choice 0 $121 $720 0 $945 $1,110Step by Step Solution
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