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Provident fund loan120,000 paid off in three years, what is the interest?
Provident fund loans are divided into equal principal and interest according to the average capital, and equal principal and interest loans1.2000. The monthly repayment is 3476.54, the interest rate is 2.75%, and the total interest for three years is 5 1.55. 42.

The average capital loan120,000 years pays off the monthly repayment of 3608.33, and the interest rate is decreasing by 2.75% year by year. Total interest for three years is 5087.50.