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7,000 yuan in installments, divided into 12 months or 6 months, how much should you repay each month? How much is the interest?

If the monthly transaction fee is calculated according to the monthly fee rate of 0.6 of ICBC, Agricultural Bank of China and China Construction Bank

Monthly transaction fee = total cost Fund * Monthly · Hand· Fee · Rate = 7000 * 0.6 = 42 yuan

(1) The monthly principal payable in 12 installments = total principal / number of periods = 7000 /12=583.33 yuan

Monthly repayment = monthly principal repayment in 12 installments, monthly hand, renewal fee = 583.33 42=625.33 yuan

Total ·Hand·Renewal·Fee (Total Interest) = Monthly·Hand·Renewal·Fee*Number of Periods=42*12=504 Yuan

(2) The monthly principal payable in 6 installments= Total principal/number of periods=7000/6=1166.67 yuan

Monthly repayment = monthly principal payable in 6 installments Monthly Handling Fee=1166.67 42=625.33 yuan

Total·lot·renewal·fee (total interest)=monthly·lot·renewal·fee*number of periods=42*6=252 yuan

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