9%6 is the monthly interest rate. Generally, lending institutions that calculate interest on a monthly basis will announce the monthly interest rate.

The monthly interest rate of 0.96% is equivalent to the annual interest rate of 11.52% (halo, which is quite high) ~~~```) (direct interest, non-compound interest), but generally compound interest is recorded. I don’t know if the lending institution you mentioned is compound interest.

If it is compound interest, That is the sum of principal and interest (total repayment amount) of 112148.15 yuan

If not, it is the sum of principal and interest (total repayment amount) of 111520.00 yuan