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You invest in a mutual fund that charges a 6% front-end load and 2% total annual fees. How much will you pay in loads and
You invest in a mutual fund that charges a
6%
front-end load and
2%
total annual fees. How much will you pay in loads and fees on a
$10,300
investment that does not grow, if you cash out after three years of no gain?\ A.
$208
\ B.
$618
\ C.
$1,003
\ D.
$1,187
5. You invest in a mutual fund that charges a 6% front-end load and 2% total annual fees. How much will you pay in loads and fees on a $10,300 investment that does not grow, if you cash out after three years of no gain? A. $208 B. $618 C. $1,003 D. $1,187
You invest in a mutual fund that charges a
6%
front-end load and
2%
total annual fees. How much will you pay in loads and fees on a
$10,300
investment that does not grow, if you cash out after three years of no gain?\ A.
$208
\ B.
$618
\ C.
$1,003
\ D.
$1,187
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