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If my Guangfa Bank spends 34,000 yuan on the 24th installment, how much interest will it calculate?
According to the information released by official website of China Guangfa Bank, the handling fee for each period is 0.72%, and the handling fee for each period is 5,875.2 yuan.

Calculation method:

34000×0.72%×24=5875.2 (installment fee)

(34000+5875.2) ÷ 24 =1661.47 (monthly payment)