Current location - Loan Platform Complete Network - Loan consultation - The loan interest rate of real estate enterprises will rise by 30%. Why is it 1+0.3? What does 1 stand for? thank you
The loan interest rate of real estate enterprises will rise by 30%. Why is it 1+0.3? What does 1 stand for? thank you
Hello, your benchmark interest rate is 6.38%, up 30%.
Then the calculation method is benchmark interest rate+floating 30% = 6.38%+6.38% x 30% = 6.38% x (1+0.3).