You submit a check for $1,000 to the LaBorde High Fee Diversified Fund (LHFDX). The fund has a sales fee of 3%, an annual fund operating fee of 2.18% and a deferred sales charge of 5%. Calculate your ending wealth after you redeem your shares six years after the initial purchase. Assume the fund generated an annual return of 8.49% before the annual operating fee. NOTE: Funds don't generally have both a sales fee and a deferred sales charge, but for the purposes of this question assume that is the case.

Group of answer choices

$1,581.65

$1,630.57

$1,434.61

1,362.88

1,330.27