The principal is 260,000 yuan, and the interest rate is 0.67%. How much interest should I pay for the loan for four years?

The interest rate of 0.67% is too high. It should be 0.0067%, which is commonly called 6% 7.

If it is 260,000 yuan, the interest rate is 0.0067%, the monthly interest is 1.742 yuan, the annual interest is 20,904 yuan, and the total interest for four years is 836 1.6 yuan.

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I have 10 million now, and I want to open a shop in Mingguan Town, Yongnian, or do something else to make a living and ask for advice. It can be supplemented and must be solved.