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Given the Following Fees and Expected Returns for Fund Y

question 31

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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  Investment E (Return)   Load 12 b1 fee  Rear-endload  Years Y8%0%0.50%3%5 years \begin{array} { l c c c c c } \text { Investment } & \mathrm { E } \text { (Return) } & \text { Load } & 12 \mathrm {~b} - 1 \text { fee } & \text { Rear-endload } & \text { Years } \\\mathrm { Y } & 8 \% & 0 \% & 0.50 \% & 3 \% & 5 \text { years }\end{array}

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