If a mutual fund has an upfront load of $3\mathrm{.}5\%$ and annual fees $($management and $12$b$-1)$ of $0\mathrm{.}85\%,$ what is the rate of return, after loads and fees, for an investor who invests $$10,000$ in this fund and the fund has a return on assets of $8\mathrm{.}5\%$ during year $1?$ If in year $2$ the fund returns $13\mathrm{.}5\%,$ what is the $2$ year compound annual rate or return?