Question: Question 4. [13 points] Prepare an amortization schedule for a five-year loan of $70,000. The interest rate is 9 percent per year, and the loan

 Question 4. [13 points] Prepare an amortization schedule for a five-year

Question 4. [13 points] 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. Years Ending Beginning Balance Total Payment Interest Payment Principal Payment Balance AWN- Total N/A N/A

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