A mutual fund recently reported a 13% annual return over the last 5-year period. If the fund charged a .75% 12b-1 fee, and there was a 5% front-end load charge, what would be the future value of a one-time investment of $5,000 for the listed time frame?

Answer rating: 100% (QA)

investment 5000 Total fee5075575 Net ... View the full answer