Standard bank formula

Interest is calculated as follows:

= Amount * Annual Interest Rate /360* Days

=700*0.36%/360*60=0.4 yuan.

The current interest has nothing to do with the amount and time of deposit, so the interest for deposit in 300 yuan together and separately next month is the same, with an annual interest rate of 0.36%, which is the same for all banks.

If you deposit money every month, you can choose the deposit and withdrawal business of the bank, with one-year interest rate 1.9 1% and three-year annual interest rate of 2.20%.

The five-year annual interest rate is 2.50%.