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The loan is 600,000 yuan and will be paid off in 20 years. The monthly payment is 4269.84 yuan. What is the interest rate?
Waiting for repayment of principal and interest

The total loan is 600,000 yuan.

The total repayment amount is 1024756.74 yuan.

Pay interest of 424,756.74 yuan.

Number of months of loan: 240 months

The monthly repayment is 4269.82 yuan.

The loan interest rate is 5.9 167%.

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