How much is the interest of Anhui Agricultural Gold and Silver Bank Jinnong Easy Loan for 20,000 years?
The annual interest of Anhui Agricultural Bank Jinnong Easy Loan is 1.900 yuan. The annual interest rate of Anhui Agricultural Bank is about 9.5%. As the bank adopts a floating interest rate policy, the interest rate will vary according to market conditions and policy changes. According to the formula, the annual interest of 20,000 yuan is: 20,000 yuan× 9.5 %×1year = 1.900 yuan. Therefore, the annual interest of Anhui Agricultural Bank Jinnong Easy Loan is about 1.900 yuan.