Your firm is considering two$$ one$-$year loan options for a $$$$521$ comma $000$ loan. The first carries fees of $1\mathrm{.}9\%$ of the loan amount and charges interest of $4\mathrm{.}3\%$ of the loan amount. The other carries fees of $1\mathrm{.}8\%$ of the loan amount and charges interest of $4\mathrm{.}6\%$ of the loan amount.

a$.$ What is the net amount of funds from each$$ loan?

b$.$ Based on the net amount of$$ funds, what is the true interest rate of each$$ loan?

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Part $1$

a$.$ What is the net amount of funds from each$$ loan?

The net amount of funds for option $1$ is $$$

$$

enter your response here. $($Round to the nearest$$ dollar.$)$