Question: Loaded - up fund charges a 1 2 b - 1 fee of 1 % and maintains an expense ratio of 0 . 7 5

Loaded-up fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.75%. Economy fund charges a front-end load of 2%, but has no 12b-1 fee and has an expense ratio of 0.25%. Assume the rate of return on both funds' portfolios (before any fees) is 7% per year. How much will an investment of $100 in each fund grow to after 5 years?

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