Suppose you are considering two mutual funds: Fund A and Fund B. Fund A has an expense ratio of 1.5% and an average annual return of 8%. Fund B has an expense ratio of 2% and an average annual return of 10%. If you plan to invest $10,000 for 10 years, which fund would you choose? Show your calculations.

Answer rating: 100% (QA)

The detailed answer for the above question is provided below To compare the two mutual ... View the full answer