Current location - Loan Platform Complete Network - Loan consultation - 1.08 In April, Uncle Wang borrowed 65,438+10,000 yuan to buy a car. The loan term is three years and the annual interest rate is 5.02%. How much interest should he pay at maturity? 2.0
1.08 In April, Uncle Wang borrowed 65,438+10,000 yuan to buy a car. The loan term is three years and the annual interest rate is 5.02%. How much interest should he pay at maturity? 2.0
100000 total amount X0.05.02 annual interest rate =5020 interest = 5020 interest X3 years = 15060 total interest.

How can there be such a cheap loan? The bank mortgage interest rate is not less than 0.08.

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