Ari Levy invested $46,500 in the Mayflower Aggressive Growth Fund. This fund charges a 3% front-end load but no back-end load. Two years later, the value of his investment had grown by $9,620, and Ari elected to invest these funds in another mutual fund. At the time of the withdrawal, Ari's account balance was

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Ari Levy invested $46,500 in the Mayflower Aggressive Growth Fund. This fund charges a 3% front-end load but no back-end load. Two years later, the value of his investment had grown by $9,620, and Ari elected to invest these funds in another mutual fund. At the time of the withdrawal, Ari's account balance was