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The consumption of Jiangnan Rongtong Card is 200,000 yuan, divided into 12 periods. How much is each issue?
26666.67 yuan. Assuming that the installment interest rate of Jiangnan Rongtong Card is R, the formula of the amount to be repaid in each installment is repayment amount in each installment = total consumption ÷ installment number+total consumption× R, total consumption is 200,000, installment number is 12, R is the monthly interest rate, and the installment interest rate of credit card will be between 5% and 7%. It can be assumed that r=0.05(5%), and the calculation result is that 26,666.67 yuan needs to be paid each period.