A. You invest $3,000 annually in the mutual fund which earns 10% annually, and you reinvest all distributions. How much will you have in account at the end of twenty years?
B. You invest $3,000 annually in the mutual fund with the 5% load fee so that only $2,850 is actually invested in fund. Fund earns 10% annually, and you reinvest all distributions. How much will you have in account at end of 20 years?
C. You invest $3,000 annually in the no-load mutual fund which charges 12b-1 fees of 1%. Fund earns 10% annually before fees, and you reinvest all distributions. How much you will have in account at end of 20 years?
D. You invest $3,000 annually in the no-load mutual fund which has a 5% exit fee. Fund earns 10% annually before fees, and you reinvest all distributions. How much you will have in account at end of twenty years?