According to the standard of 1 10,000 yuan, the interest shall be paid at the interest rate of three times the loan of the People's Bank of China in the same period. What is the settlement?

The benchmark interest rate of the central bank's one-year loan is 6%.

Then, if one-year private lending is taken as an example-1ten thousand yuan is three times the benchmark interest rate and the annual interest rate is 18%, then the monthly interest rate is 1.5%, that is, the monthly interest rate of 10000 yuan is 150 yuan. One year is 1800 yuan. This kind of private lending rate is reasonable and legal, and is protected by Chinese laws.

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