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What is the annual profit in May and May?
5% 5 is 0.55% according to the interest rate.

If the loan is 10000 yuan and the monthly interest rate is 0.55%, then the monthly interest rate 10000 * 0.55% = 55 yuan, 1 55 * 12 = 660 yuan.

If the loan is 10000 yuan and the annual interest rate is 0.55%, the annual interest rate is 10000 * 0.55% = 55 yuan.

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