On January 2, 2017, you invest $10,000 in the W.O.W. Mutual Fund, a load fund that charges a fee of 5 percent. The fund's returns were 13.6 percent in 2017, 12.2 percent in 2018, and 8.3 percent in 2019. On December 31, 2019, you redeem all your W.O.W. shares. The dollar value is
A) $13,600.00.
B) $13,664.13.
C) $10,000.00.
D) $131,136.40.
E) $13,113.64.
Correct Answer:
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