Let's talk about flowers. You may already know it's a little bit like a credit card, so you can consume it now and then pay back slowly. Moreover, you can choose between 3, 6, 9 or 12 months in instalments. And how do you calculate the interest on a 12-month period? Or can I pay you in advance? Look down if you want answers

How do you expect to get paid in advance

First, let's see how the 12-month split interest is calculated. The formula for the calculation of interest is relatively simple, and all friends with mathematical phobia are encouraged to relax。

1 Period interest = instalment amount* Period rate;

2. Total interest in instalments = the amount in instalments* the rate in instalments* the amount in instalments*。

AND THE SPECIFIC INSTALMENT RATE DEPENDS ON THE MONTH YOU CHOOSE. FOR EXAMPLE, IF YOU CHOOSE A THREE-MONTH SPLIT, THE RATE IS 2.51 TP3T, AND THE RATE IS ABOUT 0.831 TP3T. SIMILARLY, THE SIX-MONTH PHASED RATE IS 4.5%, WITH AN APPROXIMATE 0.75% FOR EACH PERIOD AND A 9-MONTH SPLIT RATE OF 6.5%, WITH AN APPROXIMATE RATE OF 0.721 T3T FOR EACH PERIOD, AND A 12-MONTH PHASED RATE OF 8.81 T3T, WITH AN APPROXIMATE RATE OF 0.731 T3T FOR EACH PERIOD。

SO IF YOU WANT TO SPLIT UP THE AMOUNT OF $12,000, CHOOSE A 12-MONTH PERIOD, THE INTEREST IN EACH PERIOD IS 12,000*0.73% = 87.6 YUAN, AND THE TOTAL INTEREST IS 12,000*8.8% = 1056 YUAN. SO, YOU'RE DUE $1087.6 PER ISSUE。

So the question is, can I pay this debt in advance? The answer is, of course, but this involves some additional costs, including the remaining unpaid principal, the chargeable instalments, and the next month ' s fee. Moreover, early payment was a one-time settlement of all remaining arrears, not a partial payment. You may not appreciate that, but it is。

In general, splitting is an easy and fast means of consumption, but late repayments affect your credit records, so it is important that the consumption be done in a quantitative and financial manner。