0.05% daily interest, how much is 10 thousand yuan a month?

1, the calculation formula: interest = interest rate * interest days.

2. According to the number of days in each month, the result is different. If there are 30 days in this month, the monthly interest is10000 * 0.05 * 30 =150 yuan; If this month is 3 1 day, then the interest is10000 * 0.05 * 31=155 yuan; If this month is 28 days, then the interest of this month is10000 * 0.05 * 28 =140 yuan.

Extended data:

1, the daily interest rate is of little practical significance to ordinary bank depositors, but it is widely used in a large number of short-term financing of large enterprises, banks, securities companies or other non-financial institutions. Because the amount of funds related to these institutions is particularly large, even if the daily interest rate is relatively low and the base is large, the calculated daily interest rate is huge and cannot be ignored in financial processing. However, in general enterprises, due to the small amount of funds, the use of daily interest is less, which has no specific practical significance.

2. Conversion:

1, conversion formula of daily interest rate, annual interest rate and monthly interest rate:

2. Daily interest rate (0/000)= annual interest rate (0/0) ÷ 360;

3. Monthly interest rate (0/00)= annual interest rate (0/0)÷ 12.

4. Monthly interest rate = daily interest rate ×30

5. Annual interest rate = monthly interest rate × 12.

6. Interest = interest product × daily interest rate

3. Formula:

1, formula 1: daily interest rate = daily interest, deposit (loan) amount X 100%.

2. Formula 2: Daily interest rate =? Monthly interest rate ÷30

3. Formula 3: Daily interest rate =? The annual interest rate is 360.

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