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You have invested in a particular mutual fund in the past. The fund has a 2%...

You have invested in a particular mutual fund in the past. The fund has a 2% front-end load and an expense ratio of 0.9%. The fund also has annual 12b-1 fees of 0.5%. Fund assets have returned on average 12% per year over the life of the fund. If you invest $10,000 in this fund, what total dollar amount would your investment be worth if you planned to hold the fund for 4 years? Assume the fund has the same expenses and average annual return on fund assets for the 4-year holding period

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