How to calculate the installment of Minsheng credit card? How to buy a 5000 yuan IPhone installment? For example, how to calculate the installment payment of 12 18 24? How much interest should I add a

How to calculate the installment of Minsheng credit card? How to buy a 5000 yuan IPhone installment? For example, how to calculate the installment payment of 12 18 24? How much interest should I add a month? Minsheng Bank's credit card installment fee or bill installment fee 12 18 installment rate is 0.67%, and 24 installment rate is 0.7%. Not interested.

12 shall be paid in monthly installments: the principal is 5000÷ 12+ the handling fee is 5000x0.67% = 416.67+33.5 = 450.17 yuan.

18 shall be paid in monthly installments: principal 5000÷ 18+ handling fee 5000x0.67% = 277.78+33.5 = 311.28 yuan.

24 installments should be repaid every month: principal 5000÷24+ handling fee 5000 x 0.70% = 208.33+35 = 243.33 yuan.

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