Question: The Stapleton Technology Fund is a no-load fund, but it charges a 12b-1 fee of 0.7% and maintains an expense ratio of 0.8%. Assume the

The Stapleton Technology Fund is a no-load fund, but it charges a 12b-1 fee of 0.7% and maintains an expense ratio of 0.8%. Assume the rate of return on this fund (before any fees) is 8% per year. How much will an investment of $100 in this fund grow to after 3 years? [Round your answer to the nearest 2 decimal places]

$123.54

$106,50

$123.19

$120.79

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