1. The loan interest rate of 4.0525% means that the annual interest rate of this loan is 4.0525%. That is to say, if you borrow 10,000 yuan a year, the interest will be: 4.0525*10000=405.25 yuan.
2. The annual interest rate is generally expressed as (percent), the monthly interest rate is generally expressed as ‰ (thousandths); the daily interest rate is expressed as a few ten thousandths of the principal, which is usually called a few cents. millimeter. For example, if the daily interest rate is 1%, that is, the principal is 1 yuan, the daily interest rate is 0.001 yuan. (1 centimeter = 0.001 yuan, one millimeter = 0.0001 yuan) Then 4.35 = 0.0435, that is, 4 points 3 cents 5. According to the formula, interest = principal * interest rate. Taking the principal of 10,000 yuan as an example, substitute it into the formula and you will get : Annual interest = 10000*4.35 = 435 (yuan)
Formula 1: Daily interest rate = Daily interest ÷ Deposit (loan) amount X 100
Formula 2: Daily interest rate = Monthly interest rate ÷30
Formula 3: Daily interest rate = annual interest rate ÷360 Interest (year) = principal × annual interest rate (percentage) × deposit period or interest = principal × interest rate × time Deposit interest = principal × Number of days × listed interest (daily interest rate) = number of interest calculation days × daily interest rate Interest tax = deposit interest (amount of income tax payable) × applicable tax rate
3. The amount of interest depends on three factors: principal, Deposit period and interest rate level.
The calculation formula for interest is: interest = principal Personal income tax is earned, so interest on savings deposits is currently exempt from interest tax.
1. The operation rules of multiplication
1. Integers
(1) Multiply starting from the ones digit, and use the number in each digit of the second factor in turn Multiply the first factor;
(2) Multiply the number in the digit of the second factor, and the last digit of the number will be aligned with the digit of the second factor;
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(3) Then add up the numbers obtained by several multiplications;
2. Decimals
(1) First find the product according to the rules of integer multiplication;
(2) See how many decimals there are in the factor 1***, and then count the number of decimal points from the right side of the product.
2. Classification of loan interest rates
(1) Loan interest rates are mainly divided into three categories: the central bank’s loan interest rate to commercial banks; the commercial bank’s loan interest rate to customers; inter-bank lending rate .
(2) The loan interest rate is the main basis for both parties to the loan contract to calculate the loan interest, and the loan interest rate clause is the main clause of the loan contract. To determine the interest rate of a loan contract with a bank or other financial institution as the lender, the parties can only negotiate within the upper and lower limits of the interest rate stipulated by the People's Bank of China. If the loan interest rate agreed upon by the parties is higher than the upper limit of interest rates stipulated by the People's Bank of China, the excess portion shall be invalid; if the interest rate agreed upon by the parties is lower than the lower limit of interest rates stipulated by the People's Bank of China, the lowest interest rate stipulated by the People's Bank of China shall prevail. In addition, if the lender violates the regulations of the People's Bank of China and charges any other fees in addition to interest, the People's Bank of China shall impose penalties.