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

Given the following fees and expected returns for fund Y,assuming an initial investment of $1000 calculate the value of the investment at the end of 5 years
$\begin{array}{lccccc}\text { Investment } & \mathrm{E} \text { (Return) } & \text { Load } & 12 \mathrm{~b}-1 \text { fee } & \text { Rear-end load } & \text { Years } \\\mathrm{Y} & 8 \% & 0 \% & 0.50 \% & 3 \% & 5 \text { year }\end{array}$

A) $1069.82
B) $1550.77
C) $1642.36
D) $1389.95
E) $1362.59