2% means the monthly interest rate is 2%, that is, the monthly interest rate is 0.2%, and the corresponding annual interest rate is 0.2% multiplied by 12, which is equal to 2.4%. Take a loan with a term of 654.38+02 months and a monthly interest rate of 0.2% of 654.38+ 10,000 yuan as an example, then the monthly interest is equal to the loan principal multiplied by the monthly interest rate. 12 months, a total interest of 2,400 yuan will be paid.