Jarell Tarver invested $20,000 in the Boyd Kern Mutual Fund (Type A). The net asset value is $21.34 per share. The fund is front-loaded with a loading rate of 5.25%. What is the loading charge?

Answer 1

Front end loading is the commission of a given percentage to be deducted from the total amount invested.
Here the percentage is 5.25%.
The total amount invested is $20000.
The product of the two is the commission (front-end load).

See definition of front-end loading:
http://www.investopedia.com/terms/f/front-endload.asp

Answer 2

wrong