Credit card 1000 installment repayment. How much is it a month!

Credit card consumption installment, cash installment, bill installment.

All with equal interest! Not equal principal and interest, don't be confused!

Average capital's equal interest is average capital's equal interest every month, but in fact, it is overcharged and interest is calculated repeatedly. The annual conversion rate is between 8.5- 10%.

The bank's calculation is very simple, the amount x monthly interest x 12 months, divided by 12 months.

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