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China Agricultural Bank credit card 4800 installment
In case of installment payment 12, the installment rate is 0.6%.

Handling fee for each period =4800*0.6%=28.8 yuan.

Principal payable per installment =4800/ 12=400 yuan.

Repayment amount per installment = handling fee per installment+principal payable per installment =28.8+400=428.8 yuan.

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