953.33 yuan. The annual interest rate refers to the deposit interest rate for one year. The so-called interest rate is the abbreviation of "interest rate", which refers to the ratio of interest amount to deposit principal or loan principal in a certain period of time. Amount payable in each of the 24 installments = principal payable in each installment (833.33)+ handling fee in each installment (120)= (principal+interest) 953.33 yuan. Installment payment is mostly used for some product transactions with long production cycle and high cost.