I would like to ask for a loan of 654.38 million yuan. The principal will be repaid in five years, with an annual interest rate of 9.36% and interest paid once every quarter. How much is the amount? Is a year 365 days or 360 days? Thank you. 1. Quarterly interest

Quarterly interest rate =9.36%/4=2.34%

(Repay the principal after five years) Quarterly interest = principal * quarterly interest rate = 100000*2.34%=2340 yuan.

Second, on an annual basis.

One-year interest is calculated at the annual interest rate, whether it is 365 or 360.

Interest is calculated on an annual basis when it is full, and on a monthly basis when it is full.

However, if it is generally less than one month before the daily interest calculation, it will be calculated according to the daily interest rate, that is, = annual interest rate /360.