Given the Following Fees and Expected Returns for Fund X

question 78

Multiple Choice

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. $$\begin{array} { l c c c c c } \text { Investment } & \mathrm { E } \text { (Return) } & \text { Load } & 12 \mathrm {~b} - 1 \mathrm { fee } & \text { Rear-endload } & \text { Years } \\\mathrm { X } & 10 \% & 2.5 \% & 0.25 \% & 0 \% & 5 \text { years }\end{array}$$

• A)$1069.82
• B)$1550.77
• C)$1042.36
• D)$1689.95
• E)$1389.95

Be familiar with the types of assessments required by the Joint Commission.

Recognize the importance of continuous observation and assessment in patient care.

Know the role of the Joint Commission regarding patient assessments.

Identify when and which data need to be validated.