Take 50,000 yuan as an example: interest = principal * term * interest rate = 50,000 *1* 4.5 * = 2,250 yuan. 50,000 yuan, saved for one year, can get interest of 2,250 yuan.
Lenders lend money, which is equivalent to delaying the consumption of consumer goods. According to the principle of time preference, consumers will prefer real goods to future goods, so there will be positive interest rates in the free market.
Extended data:
With the increasing real income level and savings rate of Chinese residents, asset selection behavior has emerged. The increase of financial instruments provides an objective basis for residents' asset selection behavior, and interest income is the main incentive for residents' asset selection behavior.
Residents' departments attach importance to interest income and spontaneously produce asset selection behavior, which has an impact on macro-control and micro-foundation reconstruction.
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