Loaded$-$Up Fund charges a $12b-1$ fee of $1\%$ and maintains an expense ratio of $0\mathrm{.}70\%.$ Economy Fund charges a front$-$end load of $2\%.$

but has no $12b-1$ fee and has an expense ratio of $0\mathrm{.}30\%.$ Assume the rate of return on both funds' portfollos $($before any fees$)$ is $6\%$ per

year.

Required:

a$.$ How much will an investment of $$100$ in each fund grow to after $1$ year? $($Do not round intermediate calculations. Round your

answers to $2$ decimal places.$)$

b$.$ How much will an investment of $$100$ in each fund grow to after $4$ years? $($Do not round intermediate calculations. Round your

answers to $2$ decimal places.$)$