You Invest in a Mutual Fund That Charges a 3

question 10

Multiple Choice

You invest in a mutual fund that charges a 3% front end load,1% total annual fees,and a 2% back end load,which decreases 0.5% per year.How much will you pay in fees on a $10,000 investment that does not grow,if you cash out after three years of no gain?

• A) 103
• B) 219
• C) 553
• D) 635

---

Definitions:

Instrumental Aggression

Aggressive behavior that is intentional and planned, used as a means to achieve a specific goal, distinct from impulsive or emotional aggression.

Aggressor

An aggressor is an individual or country that initiates an attack, conflict, or hostile action towards another.

Reactive

Responding to events or stimuli rather than initiating actions proactively; typically characterized by responses to environmental or situational factors.

Proactive

Taking initiative by acting in advance of future situations, rather than just reacting.