It says zero interest.

Think about it, is there such a good thing? What do they eat and drink?

Calculate the monthly renewal fee at the monthly rate.

The monthly fee is the monthly interest.

Monthly fee = principal * monthly fee = 72,000 * 0.45% = 324 yuan.

Monthly repayment amount = monthly renewal fee+monthly payable principal = monthly renewal fee+principal/number of installments =324+72000/60= 1524 yuan.

Total payment = principal * monthly rate * number of installments = 72000 * 0.45% * 60 = 19440 yuan.

Total repayment amount = principal+total renewal fee = 72,000+19440 = 91440 yuan.

If you press "Wait" and "Amount"

This "interest"

The annual interest rate is 9.84%