Current location - Loan Platform Complete Network - Loan intermediary - The loan is 654.38 million yuan, with a term of 1 year and an interest rate of 4.95%. How much is the monthly repayment?
The loan is 654.38 million yuan, with a term of 1 year and an interest rate of 4.95%. How much is the monthly repayment?
The annual interest rate is 4.95%, the monthly interest rate is 4.95%/ 12 = 0.4 125%, 1 00000,1year (12 period), and the monthly repayment is:

100000*0.4 125%*( 1+0.4 125%)^ 12/[( 1+0.4 125%)^ 12- 1]=8558.46

Description: 12 is the power of 12.

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