[tex]\begin{gathered} 70,000(0.08/12)=70,000(0.0067) \\ =469\text{ }monthly \end{gathered}[/tex][tex]\begin{gathered} Totalamountpaid=70,000+469(360)=70,000+168,840 \\ =238,840 \end{gathered}[/tex][tex]Totalinterest=469monthly(360months)=168,840[/tex]
