Current location - Trademark Inquiry Complete Network - Overdue credit card - China Merchants Bank bought a mobile phone in installments with a credit card of 3,600 yuan. How much is the monthly payment for 12?
China Merchants Bank bought a mobile phone in installments with a credit card of 3,600 yuan. How much is the monthly payment for 12?
China Merchants Bank 12

Suggested installment amount (1) 3600.

Commission rate (2) 8. 16%

Total handling fee (3)=( 1)*(2) 293.76

Monthly handling fee (4)=(3)/ period 24.48

Monthly principal repayment (5)=( 1)/ number of installments 300.00.

Total repayment amount (6)=( 1)+(3) 3893.76

Monthly repayment amount (7)=(4)+(5) 324.48