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You invest in a mutual fund that charges a 5% front-end load, 1.2% total annual fees, and a 0% back-end load on Class A shares.
You invest in a mutual fund that charges a 5% front-end load, 1.2% total annual fees, and a 0% back-end load on Class A shares. The same fund charges a 0\% front-end load, 1.9% total annual fees, and a 2.4% back-end load on Class B shares. What are the total fees in year 1 on a Class B investment of $117,000 if you redeem all your shares with no growth in value? \begin{tabular}{|} $6,113.57 \\ \hline$5,238.91 \\ \hline$4,977.65 \\ \hline$5,031.00 \\ \hline$4632.74 \end{tabular}
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