1. The 12-period interest rate is generally 0.62-0.72, and it will be higher if there are more periods. (Bank credit cards refer to making money in installments)

2. Assuming it is divided into 12 installments, the calculation formula is: 8000÷12 8000×0.72=667 57.6=724.6 yuan per installment. If you pay it in installments, it will cost about 700 yuan more than if you return it all at once.

3. It would be best if you can repay it all at once, so that the bank will receive your interest!

Hope the above can help you!