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Is prepayment cost-effective in terms of average capital or equal principal and interest?
It is more appropriate to repay the average capital in advance with equal principal and interest.

Policy banks: including The Export-Import Bank of China, China Agricultural Development Bank and China National Development Bank. Responsibilities: Financial institutions that participate in or guarantee shares, engage in policy financing activities directly or indirectly in specific business areas for non-profit purposes, and serve as tools for the government to develop the economy, promote social progress and conduct macroeconomic management.