Annual profit 1%, i.e. 1%, and annual loan income 100 yuan;
Monthly income 1%, that is, 0. 1%, January lending income 10 yuan;
Daily profit 1%, that is, 0.0 1%, and daily loan income 1 yuan.
The score is 10 times that of Li.
Extended data:
Matters needing attention in loan interest calculation:
The common unit of private lending is "Li", which means several thousandths. For example, 3% interest is 0.3%, and interest is calculated by time. Before calculation, it is necessary to distinguish whether it is day, month or year.
Interest rates are usually divided into annual interest rate, monthly interest rate and daily interest rate. The annual interest rate is expressed as a percentage of the principal, the monthly interest rate as a percentage, and the daily interest rate as a percentage.
References:
Baidu encyclopedia-Li