How much is the annual installment of RMB 60,000 on a credit card:
The principal of each installment = 60,000/36 = 1,666.66 yuan;
The handling fee for each installment =60000*0.4%=240 yuan/period;
The amount to be returned in each installment = the principal of each installment + the handling fee of each installment = 1666.66+240=1906.66 yuan;
< p>Total*** installment handling fee for 36 periods=36*240=8640 yuan;