Suppose an enterprise obtains a loan of 200,000 yuan at an annual interest rate of 65,438+02%, and requires equal repayment at the end of each year within five years. What is the annual repayment amount? The calculation formula of the repayment amount of each installment is as follows:

Annual repayment amount = loan amount * annual interest rate/1-( 1+ annual interest rate)-repayment years

Annual repayment amount = 200,000 *12%/1-(1+12%)-5

= 5548 1.95 yuan

Therefore, the repayment amount at the end of each year is 55,486.5438+0.95 yuan. In five years, the total repayment was 277,409.73 yuan, of which the interest expense was 77,409.73 yuan.

Extended data:

How to calculate the minimum repayment amount of each bill:

Minimum repayment amount = 65,438+00% of all general transactions in the credit card account+65,438+000% of all outstanding installment transactions in the account+65,438+000% of the outstanding part of the minimum repayment amount in the previous period+65,438+000% of all the funds exceeding the credit limit of the account+65,438+expenses.

Consequences of overdue repayment:

First, bear the high overdue fee.

For overdue fees, different online lending platforms have different names and different charging standards. Whether it is called overdue penalty interest, overdue management or other various names, the charging standard is very high.

Secondly, the credit report is tainted.

Enterprise loans overdue will be recorded in the credit information system, because bank loans and credit cards are overdue, resulting in credit stains.