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How much interest will be paid on a 10,000 yuan credit card divided into 24 installments?

Credit Card 1 Ten thousand yuan is divided into 24 installments. Different banks have different installment rates for credit cards. Only by understanding the installment rates can you calculate the installment interest. Take the interest rate of 24 installments of RMB 10,000 from an ICBC credit card as an example.

For example: ICBC credit card 10,000 yuan in 24 installments, the rate is 15.6%:

Total interest (handling fee): 1,560 yuan, total repayment amount: 11,560 yuan, each Period (monthly) repayment amount: 481.66 yuan, daily interest (handling fee) amount: 2.16 yuan.

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