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How to calculate the interest of Zhaolian Finance 16200 in 24 installments?
The interest rate of the good-term loan of Zhaolian Finance is 16200, and the interest of the 24th installment can be calculated by the formula of monthly repayment amount = (loan principal/repayment months)+(principal-accumulated repaid principal) × monthly interest rate = annualized interest rate/12. According to the calculation formula, the interest rate of the good-term loan of Zhaolian Finance is 16200, and the interest of 24 installments can be calculated.