# How much is the interest of the installment in installments?

Time: 2017-07-13         Source: Rong 360 finishing         Author: Qumeng Yang

With the advancement of technology and the continuous improvement of people's living standards, payment by installments, white bars and other means of payment have gradually spread. However, what is the interest rate for the flower bed stage? What is the amount of interest related to? Hereinafter, it will be specifically described.

What is the factor of the flower bed installment interest rate:

Rong 360 (zqian360) Xiaobian tells you that the installment interest of Huayu is related to the number of installments. The total amount of the three phases is 2.5%, the total amount of the six installments is 4.5%, and the total amount of the nine installments is 6.5%. 8.8% of the total amount of the installment. Assume that 1000 yuan is to be phased, 2.5% of the total amount of the three phases: 25 yuan (revenue 1025/3 = 341.6 for each period, 3 months for continuous repayment), 4.5% of the total amount of the 6 installments: 45 yuan (both Repayment of 1045/6=174.2 per period, continuous repayment of 6 months), 6.5% of the total amount of 9 installments: 65 yuan (revenue repayment of 1065/9=118.3, continuous repayment for 9 months), 12 8.8% of the total amount of the period: 88 yuan (revenue of 1088/12=90.6 for each period, continuous repayment for 12 months). Repayment amount per month = installment amount to be paid + interest.

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