Hello all,
I am seeking the answer to a question regarding mutual fund expenses, and I can't seem to find an answer online despite how simple it is. Say I invest X amount of money in a mutual fund and it grows Y amount of dollars over Z years assuming addition of D dividends (annually or monthly, I don't care, but I think those would give different formulas). I want to know if there is a formula (i.e. exponential growth formula) for calculating the amount of Y dollars I will gain over Z years assuming DRIP is used, but with expenses of the mutual fund deducted. I am interested in solely this value. Does anyone know where I might find this, or does anyone know this? I spent hours googling for such a formula and found none.
Submitted January 07, 2019 at 11:06PM by lukesterboi1 http://bit.ly/2C9OnQf
