If your uncle borrows $$57,000$ from the bank at $11$ percent interest over the nine$-$year life of the loan. $($Use Excel to arrive at the answers. Round the final answers to the nearest whole dollar.$)$

a$.$ What equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest?

Annual payments

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b$.$ How much of his first payment will be applied to interest and to principal?

$\backslash$table$[[,$First payment$],[$Interest$,$$