到低D利息係點計算???

1) 利息= 本金 x 利率 x 時期
2) 如果利息每月計一次,年利率是10厘:

實 際 年 利 率
= (1+年利率/12)^12 -1
=(1+10%/12)^12-1
= 10.47%

即覆息利率,轉為單利率是多少厘

The key point is do not contact Public Finance and other company who will charge you low interest but VERY-HIGH penalty. My friend borrows money from (大眾財務) with 1.2% per month flat rate but PF said the actual interest will be 3.0% FROM START OF CONTRACT if early repayment is requested. Beware of the penalty terms of the contract before signing.