Loan amount × loan interest rate × loan life = interest
Attached is our current loan interest rate table:
project
Annual interest rate%
I. Short-term loans
Six months (inclusive)
5.6
Six months to one year (inclusive)
six
Second, medium and long-term loans
One to three years (inclusive)
6. 15
Three to five years (inclusive)
6.4
More than five years.
6.55