Current location - Loan Platform Complete Network - Loan consultation - 98 thousand interest is 6%. 2. How much interest is it a year?
98 thousand interest is 6%. 2. How much interest is it a year?
729 1.2 yuan. Generally speaking, 6.2% interest means that you have to pay 6.2% interest on every dollar you borrow every month, which is 0.62% interest. Generally refers to the monthly interest rate, that is, the monthly interest rate is 0.62% and the annual interest rate is 0.62%* 12=7.44%. Then the loan is 1 000 yuan, the interest for one month is 1 000 * 0.62% = 62, and the interest for one year is 1 000 * 7.44% = 744 yuan. Interpretation and analysis: 1 cm = 0. 1 min = 0.0 1 hair (angle) = 0.005438+0 yuan. 98000 is 744 * 9.8 = 729 1.2 yuan.