Prepare an amortization schedule for a five$-$year loan of $$70,000.$ The interest rate is $9$ percent per year, and the loan calls for equal

annual payments.

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Answer is complete but not entirely correct.

How much total interest is paid over the life of the loan?

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Answer is complete and correct.