Hello, I'm glad to answer your question. According to the current interest rate, it will cost about 2800 yuan a year, which is still not cost-effective, and the rate of return without wealth management products is not high. Does the recent drop in interest rates help you? answer
2. What is the annual interest on the loan of 6,543,800 yuan from the Agricultural Bank?
The borrower borrowed 654.38 million yuan, which was paid off in one year. If the benchmark interest rate is 4.35%, it can be concluded that the interest payable by the borrower is 4350 yuan.
Agricultural Bank loans can be calculated by the formula of "interest = loan principal, loan interest rate and loan term". Among them, the loan interest rate fluctuates on the benchmark interest rate of the central bank according to the applicant's credit status, loan type and other factors.