Given the following fees and expected returns for fund X,assuming an initial investment of $1000 calculate the value of the investment at the end of 5 years.
$$\begin{array} { l c c c c c }
\text { Investment } & \text { E(Return) } & \text { Load } & 12 \mathrm {~b} - 1 \mathrm { fe } & \text { Rear-end load } & \text { Years } \
\mathrm { X } & 10 \% & 2.5 \% & 0.25 \% & { [ \% } & 5 \text { years }
\end{array}$$

Question

Given the following fees and expected returns for fund X,assuming an initial investment of $1000 calculate the value of the investment at the end of 5 years.
$$\begin{array} { l c c c c c } 
\text { Investment } & \text { E(Return) } & \text { Load } & 12 \mathrm {~b} - 1 \mathrm { fe } & \text { Rear-end load } & \text { Years } \
\mathrm { X } & 10 \% & 2.5 \% & 0.25 \% & { [ \% } & 5 \text { years }
\end{array}$$

Quizplus · Accepted Answer

$1000(1 - 0.025)(1 + .10)⁵(1 - 0.0025)⁵ = $1,550.77

Given the Following Fees and Expected Returns for Fund X,assuming