As far as I know, the loan of 88,500 actually arrives in 36 installments of 60,000, and 2864 is repaid every month. Whether to compound the national loan interest rate?

(1) The annual interest rate of the loan is 39.355438+0%.

The loan amount is 60,000 yuan.

The loan term is 36 installments.

The total repayment amount is 103 104 yuan.

The total interest is 43 104 yuan.

The monthly repayment is 2864 yuan.

The annual interest rate of the loan shall be ≤36%.

(2) The annual interest rate of the loan is 36%

The loan amount is 60,000 yuan.

The loan term is 36 installments.

The total repayment amount is 98,936.2 yuan.

The total interest is 38,936.2 yuan.

The monthly repayment is 2748.23 yuan.