Teachers have borrowed 654.38 million yuan from rural credit cooperatives. How much do I have to pay for 60 months?

Calculation formula of equal principal and interest: monthly repayment amount = principal * monthly interest rate *( 1+ monthly interest rate) * loan months /(( 1+ monthly interest rate) * repayment months-1).

65,438+0,65,438+0,000,000 yuan is divided into 60 installments. If calculated according to the annual loan interest rate LPR of 4.60%, the total interest is 12 1. 15 yuan, and the total repayment is 1 1265438.

265.438 billion yuan is divided into 60 periods. If the annual interest rate of the loan is 4.9%, the total interest is 12952.72 yuan, the total repayment is 1 12952.72 yuan, and the monthly payment is 1882.55 yuan.

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