Loaded-Up Fund charges a 12 b-1 fee of
1.00%
and maintains an expense ratio of
0.75%
. Economy Fund charges a front-end load of
2.0%
, but has no
12b-1
fee and an expense ratio of
0.25%
. Assume the rate of return on both funds' portfolios (before any fees) is
7%
per year. How much will an investment of
$1,000
in each fund grow to after: (Round your answers to
2
decimal places.) Answer is not complete.