The annual profit is 1.8%, that is, 18%. If it is lent, the annual income is 1.8 million yuan.
The monthly income is 1.8%, that is, 1.8%. If you loan1.10,000 yuan, the monthly income is 1.8,000 yuan.
Daily profit 1.8%, that is, 0. 18%, lending 100000 daily profit 180 yuan.
The annual profit is 1.8%, and it needs to be paid back 1500 yuan in one month.
Annual interest rate12 = monthly interest, that is,1800012 =1500.
The monthly income is 1.8%, and it needs to be paid back 1800 yuan in one month.
The daily profit is 1.8%, and you need to pay back 5400 yuan a month.
Monthly interest = daily interest *30, which means 180*30=5400.
Expand information legal legal loan interest rate:
Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases
Article 26 If the interest rate agreed between the borrower and the lender does not exceed the annual interest rate of 24%, and the lender requests the borrower to pay interest at the agreed interest rate, the people's court shall support it.
The interest rate agreed between the borrower and the borrower exceeds the annual interest rate of 36%, and the interest agreement in excess is invalid. The people's court shall support the borrower's request to the lender to return the part of the interest paid that exceeds 36% per annum.