How much is the interest of China Merchants Credit Card in the 24th period?
Installment interest = number of installments * installment interest rate * installment amount. Therefore, the specific interest rate of China Merchants Credit Card 24 depends on the installment rate and installment amount.
For example, if Mr. Wang spends 10000 yuan to repay in 24 installments, and the interest rate of repayment in 24 installments is 0.68%, then the total interest generated by 10000 yuan in 24 installments is10000 * 0.68% * 24 =1632 yuan.