According to the meaning of the question, the loan principal is 1 ten thousand yuan, that is, 10000 yuan, and the monthly interest is 1000 yuan, that is, 1000 yuan.
According to the formula: monthly interest rate = monthly interest/principal * 100%.
Substituting the data in the question, we can get the formula:
Monthly interest rate =1000/10000 *100% =10%.
According to the formula, annual interest rate = monthly interest rate * 12.
Then the annual interest rate =10% *12 =120%.
Since the implementation of "Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases" on September 20 15, the standard of usury is no longer based on whether the annual interest rate exceeds 24%, but on whether it exceeds 36%, that is to say, anyone with an annual interest rate exceeding 36% does not belong to usury.
120% >； 36%
Therefore, the monthly private loans of 10,000 yuan and 1,000 yuan are very profitable.
Extended data:
Loan methods of usury:
1, the big ear hole is to borrow 1 10,000, and only take 9000, but you have to pay back1.30,000 when you repay it. Moreover, the interest of usury is "nailed" (interest) day by day, calculated by compound interest, which is called "interest overlap". I often borrow hundreds of dollars, and it will take a year and a half to pay it back. With interest, I may have to pay back tens of thousands.
2. Most snowballing is between usurers and farmers. The loan term is generally 1 month, and the monthly interest is generally 3-5 cents. If it is not repaid at maturity, the interest will be doubled and included in the principal of next month. By analogy, the principal will increase month by month, and the interest will multiply month by month, just like snowballing.
3, lamb interest is to borrow one and return two. If you borrowed 100 yuan at the beginning of the year, you will return it to 200 yuan at the end of the year.
4. The loan term is 1 month and the interest is 1 minute, but one tenth of the principal must be deducted when borrowing. Interest is calculated according to the original amount at maturity. If you borrow 10 yuan, you actually get 9 yuan. Repay the principal and interest at maturity of RMB 65,438+00.
Interest (year) = principal × annual interest rate (percentage) × deposit period
Or interest = principal × interest rate× time
Deposit interest = principal x days x listing interest (daily interest rate) = interest-bearing days x daily interest rate
Interest tax = deposit interest (income tax payable) × applicable tax rate
Interest rate control policy:
The People's Bank of China has strengthened the use of interest rate instruments. Interest rate adjustment is frequent year by year, the interest rate regulation mode is more flexible, and the regulation mechanism is becoming more and more perfect.
With the gradual advancement of interest rate marketization reform, interest rate policy, as one of the main means of monetary policy, will gradually change from direct regulation to indirect regulation. As an important economic lever, interest rate will play a more important role in the national macro-control system.
Since the reform and opening up, the People's Bank of China has strengthened the use of interest rate instruments, and gradually made interest rates an important lever by adjusting the level and structure of interest rates and reforming the interest rate management system.
In May and July of 1993, the People's Bank of China raised the deposit and loan interest rates twice, and in May and July of 1995, it raised the loan interest rates twice. These adjustments have effectively controlled inflation and the scale of fixed assets investment.
In May and August, 1996, 1997 10, and March 1998, in view of the remarkable macro-control effect and the obvious drop in market prices, the central bank lowered the deposit and loan interest rates four times in a timely manner, reducing the interest burden of enterprises, especially large and medium-sized state-owned enterprises, on the basis of protecting the interests of depositors.
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