Weibo borrowed 5,000 yuan in three installments, and each installment was repaid at 1767.65 yuan. How to calculate the interest rate?
Many users may not know that well-known platforms such as Weibo Lending usually follow the IRR calculation formula of the central bank, so the annual interest rate is 36%. The interest rate agreed by the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement exceeding the part is invalid. In other words, 36% is still within the scope of laws and regulations.