Hello! 1. In general, the interest rate of bank loans is definitely lower than that of microfinance companies. However, the bank's approval is strict, the approval time is long, and the amount is relatively low. It is relatively easy for microfinance companies to lend money and the approval speed is very fast. Generally, it takes 2-3 days to lend money, so everyone has their own needs and will choose to go to different institutions for loans.

2. The annualized income of Yu 'ebao is about 5%, so this formula is correct in theory, but the investment is risky, and no one can guarantee that this income will exist stably after 20 years.

3. This annualized interest rate is relatively high compared with banks, but it is not high in microfinance companies and online lending platforms. State regulations generally do not exceed 4 times the benchmark interest rate of the central bank. As for the reason, see article 1.

4, investment can not only look at interest rates, the higher the income, the higher the risk, I hope you don't put all your eggs in one basket according to your own situation.