How much is the interest on the loan of Bank of Communications for 506,5438+00 years?

123,000. According to the query of Bank of Communications official website, the benchmark annual interest rate of the loan principal of 500,000 yuan is 4.90%, the interest of the loan of 500,000 yuan from Bank of Communications is123,000 yuan, and the monthly repayment amount of principal and interest is 5,278.87 yuan. Bank of Communications, founded in 1908, is one of the oldest banks in China and one of the modern note-issuing banks in China.

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