Question: help me plss A consumer invests $29,000 in a mutual fund with a 1% front end load and a 2.1% annual expense fee, which is
help me plss
A consumer invests $29,000 in a mutual fund with a 1% front end load and a 2.1% annual expense fee, which is charged as a percentage of the consumer's balance at the end of the year. The fund increases in value by 20.3% over the first year. Complete parts (a) through (e) below. (a) What is the amount of money charged up front just for investing in the mutual fund? The charge up front is $ (Simplify your answer. Do not include the $ symbol in your answer. Round to two decimal places as needed.) (b) After subtracting the front end load, the remainder of the money grows by 20.3% over the first year. What is the ending balance before the expense fee? The ending balance before the expense fee is (Simplify your answer. Do not include the $ symbol in your answer. Round to two decimal places as needed.) (c) What is the expense fee charged on this balance? The expense fee is $ (Simplify your answer. Do not include the $ symbol in your answer. Round to two decimal places as needed.) (d) What is the final ending balance after the expense fee is deducted? The final ending balance after the expense fee is $ (Simplify your answer. Do not include the $ symbol in your answer. Round to two decimal places as needed.) (a) What is the tntal rate of raturn for thic firct vear
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