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How to calculate the credit card installment of China Merchants Bank?
China merchants bank credit card 1000 yuan credit card,

Pay in six installments: handling fee 1000 x 0.75%+ principal1000 ÷ 6 = 7.5+166.67 =174.17 yuan.

The total payment is174.17x6 =1045.02 yuan.

12 installments, and each installment shall be repaid: handling fee 1000 x 0.66%+%+ principal1000 ÷12 = 6.6+83.33 = 89.93 yuan.

The total payment is 89.93x12 =1079.438+06 yuan.

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