A construction enterprise borrowed 6,543,800 yuan from the bank at the beginning of the year.
The question you gave should be wrong, right? It is simple interest to calculate and pay interest quarterly. But the answer is the result of compound interest calculation
F=P( 1+i)n
F (principal and interest) = 100 * (1+0.02) 4
= 1082400
Interest = f-p =108.24-100 = 8.24.