You bought a piece of agricultural land for $250,000, paid 20% down payment and finance the balance with a loan from Agro Bank. The bank charges you a nominal rate of 12% p.a. with interest calculated on a monthly reducing balance. If the loan repayment is over a 15-year period, what is the total amount of interest dollars you will pay the bank over the life of the loan? draw the timeline showing the known and unknown variables (Use 2-decimal places in your calculation)