The loan is RMB 6,543,800+0,680 yuan, calculated at the bank's annual interest rate of 5%, and will be repaid in 654.38+05. Interest calculation, 1680000×0.05=84000 yuan. One year is 12 months, and it will be paid off on *** 15. (1680000+84000) ÷15 =117600 yuan. 117600÷12 = 9800 yuan.
The calculation formula of interest is: interest = principal × interest rate × term.
Interest refers to the reward obtained by the fund owner from lending the fund, which comes from part of the profits formed by the producers using the fund to play their business functions.