Current location - Trademark Inquiry Complete Network - Overdue credit card - If you borrow 4,000 yuan from the Agricultural Bank credit card and pay it back in 24 installments, how much will it be every month?
If you borrow 4,000 yuan from the Agricultural Bank credit card and pay it back in 24 installments, how much will it be every month?
Calculated according to the installment fee of 0.8%.

The total handling fee is 4000*0.8%*24=768 yuan.

The principal payable for each installment is 4000 divided by 24= 167 yuan.

The handling fee will be deducted in the first installment, and the prepayment handling fee will not be refunded.

Down payment: 768+ 167=935 yuan.

The repayment of each installment in the future should be 167 yuan.