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  3. you've invested $1,000 in a mutual fund with a 6%

You've invested $1,000 in a mutual fund with a 6% front-end load, an expense ratio...

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Finance

You've invested $1,000 in a mutual fund with a 6% front-end load, an expense ratio of 1% and a back-end load of 6%. The fund produces an annual return of 8% before fees.

Part 1- What is your annual return (Geometric average) after fees if you hold the fund for 3 years?

Part 2- What is your annual return (Geometric average) after fees if you hold the fund for 30 years?

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