The effective interest rate = (1r/m) ∧ m-1=12.68.
I= 12%, with interest once a month and once a year 12, so m= 12 can be regarded as a loan with interest once a month of 200,000. After 36 months, the real interest rate for one month is 12%/ 12, so
2. Company A borrows 68 million yuan from the bank, and pays 84,200 yuan in interest after the expiration of one year. ...
If Party A has a loan of X million yuan and Party B has a loan of 68-x-X million yuan, then
x 12%(68-x) 13%=8.4
12x 68 13- 13x = 840
X = 440,000 yuan
So there are 440,000 loans for A and 240,000 loans for B..
3. Company A borrows100000 yuan from the bank, with an annual interest rate of 6% and a term of 5 years, and calculates the annual interest rate and compound interest. How much interest should I pay to the bank after maturity? ________
C