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if the net asset value of a mutual fund is $31.75, the front-end load is.........

if the net asset value of a mutual fund is $31.75, the front-end load is 5%, and the back end load is 5.5% find the purchase and sale price.
would the purchase price be $30.16?
would the sale price be $30.00?
Any help or enlightenment would be great.  
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1 Answer

Hey Barbara -- front-ends ADD and back-ends DEDUCT ... 10% of 31.75 is 3.18 ...
cut in half 5% is 1.59 ...  1/2% is 16 cents => buy 31.57+1.59 = $33.16, sell $30
Best regards, ma'am :)