The loan is 250,000 yuan, and it will be repaid every month after three years 10657. What is the interest rate in the first year?
In 3 years ***36 installments, the total repayment amount is 36× 10657=383652 yuan, and after deducting the principal of 250000 yuan, the interest is 383652-250000= 133652 yuan. The annual interest rate is 133652÷3=44550.67 yuan and 44550.67 ÷ 250000×100% =17.82%.