The Ezra Motel borrowed $$70,000$ to pay for a new surveillance system. The loan is for a period of $7$ years at an interest rate of $8\mathrm{.}5\%($CIA$)$ and requires $7$ equal end$-$of$-$year payments that include both principal and interest on the outstanding balance. How much in interest will be paid over the life of the loan?

$$ $$28,350$

$$25,731$

$$28,287$

$$41,650$

$$30,000$