Current location - Loan Platform Complete Network - Loan intermediary - The loan in public finance is 95,000 yuan for 3 years. What is the interest rate? What is the average monthly payment? Please ask professionals to answer.
The loan in public finance is 95,000 yuan for 3 years. What is the interest rate? What is the average monthly payment? Please ask professionals to answer.
According to the monthly interest rate 1%, the compound interest coefficient for three years (36 periods) is (1+1%) 36 =1.43077.

According to the formula for calculating monthly payment

95000 *1%*1.43077/(1.43077-1) = 3155.35 (yuan)

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