You Invest in a Mutual Fund That Charges a 3

question 53

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 .5% per year. How much will you pay in fees on a $10,000 investment that does not grow if you cash out after 3 years of no gain?

• A) $103
• B) $219
• C) $553
• D) $635

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The act of holding someone in custody, often in a jail or prison, as part of the justice process.

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Substances used for medication or in the preparation of medication; alternatively, substances abused for their psychoactive properties.

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