Loaded-Up Fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.90%. Economy...

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Finance

Loaded-Up Fund charges a 12b-1 fee of 1% and maintains anexpense ratio of 0.90%. Economy Fund charges a front-end load of2%, but has no 12b-1 fee and an expense ratio of 0.10%. Assume therate of return on both funds’ portfolios (before any fees) is 5%per year.
a.
How much will an investment of $100 in each fund grow to after 1year? (Do not round intermediate calculations. Round youranswers to 2 decimal places.)
  Loaded-Up Fund $
  Economy Fund $
b.
How much will an investment of $100 in each fund grow to after 2years? (Do not round intermediate calculations. Round youranswers to 2 decimal places.)
  Loaded-Up Fund $
  Economy Fund $
c.
How much will an investment of $100 in each fund grow to after 9years? (Do not round intermediate calculations. Round youranswers to 2 decimal places.)
  Loaded-Up Fund $
  Economy Fund $

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Loaded-Up Fund charges a 12b-1 fee of 1% and maintains anexpense ratio of 0.90%. Economy Fund charges a front-end load of2%, but has no 12b-1 fee and an expense ratio of 0.10%. Assume therate of return on both funds’ portfolios (before any fees) is 5%per year.a.How much will an investment of $100 in each fund grow to after 1year? (Do not round intermediate calculations. Round youranswers to 2 decimal places.) Loaded-Up Fund$ Economy Fund$ b.How much will an investment of $100 in each fund grow to after 2years? (Do not round intermediate calculations. Round youranswers to 2 decimal places.) Loaded-Up Fund$ Economy Fund$ c.How much will an investment of $100 in each fund grow to after 9years? (Do not round intermediate calculations. Round youranswers to 2 decimal places.) Loaded-Up Fund$ Economy Fund$