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How much is the interest on a 90,000 FAW Pentium car with a down payment of 30% and a loan due in three years? How is the monthly repayment calculated?
Loan amount: 63,000 yuan;

Calculation method of monthly payment:

a=f*i( 1+i)^n/[( 1+i)^n- 1]

A: Monthly payment;

F: total loan amount;

I: loan interest rate (monthly interest rate);

N: repayment months

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