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QUESTION 17 Two years ago an investor invested $21 thousand into a fund with a 4.8% front-end load, a 1.6% annual expense rat

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1 Investmnet 24.8% forn end load 3 total investment 4 expesnse per year 5 growth 6 NAV 7 No of unit Net growth(11.6- 8 1.3) 9

billion 1 Investmnet 2 4.8% forn end load 3 total investment 4 expesnse per year 5 growth 6 NAV 7 No of unit B 21000 =+B1*4.8

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