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How to calculate the interest of credit card cash installment repayment in China Merchants Bank?
The cash installment business provides 3-24 installments to choose from, and the benchmark fee rate for each installment is as follows. 0.95% in the third phase, 0.80% in the sixth phase, 0.75% in the 10 phase, 0.75% in the 12 phase, 0.75% in the 18 phase and 0.75% in the 24th phase. The above rates are all single-period rates.

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