On January 2, 2003, you invest $100,000 in the Jeffers Mutual Fund, a load fund that charges a fee of 5%. The fund's returns were -14.6% in 2003, -6.4% in 2004, 35% in 2005. On December 31, 2005 you redeem all your shares. The dollar value is:

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The Answer of On January 2, 2003, you invest $100,000 in the Jeffers Mutual Fund, a load fund that charges a fee of 5%. The fund's returns were -14.6% in 2003, -6.4% in 2004, 35% in 2005. On December 31, 2005 you redeem all your shares. The dollar value is:

On January 2, 2003, You Invest $100,000 in the Jeffers