the installment amount of each installment =5/24=28.33, the handling fee of each installment =5*.6%=3, and the total handling fee of 24 installments is 3*24=72
The installment amount recorded in each installment after that is 28.33+3=238.33
. If the repayment is not made in full before the final repayment date, the interest-free period will not be enjoyed by installments, and the bank will charge interest at a rate of five ten thousandths of a day from the time this amount is recorded.