The annual interest of 1 10,000 yuan is 10%, which means the annual interest can reach 1000 yuan, the monthly interest is 83.3 yuan, and the average daily interest is about 2.74 yuan. This kind of deposit is still very cost-effective. First of all, the interest rate is very high, as high as 10%, while the current bank interest rate is 2. 1%, nearly 40%.
Second, how to calculate the 10% interest rate?
If the benchmark interest rate of commercial loans is 4.9%;
The floating 10% interest rate is 4.9%1.1= 5.39%;
3. How to calculate the loan interest of 65,438+10,000 with an annual interest rate of 5%?
The loan is 654.38 million yuan, with an annual interest rate of 5% and one-year interest.
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.
According to the meaning of the question, the loan amount is 100000 yuan and the annual interest rate is 5%.
According to the formula: interest hits the stone = interest base interest rate,
Then the annual interest amount = 1000005%=5000 yuan.
Daily profit type:
Daily interest rate (0/000)= annual interest rate 60;
Monthly interest rate (0/00)= annual interest rate (0/0)÷ 12.
Monthly interest rate = daily interest rate ×30
Annual interest rate = monthly interest rate × 12
interest
Matters needing attention in loan:
1. When applying for a loan, the borrower makes a correct judgment on his economic strength and repayment ability according to the loan interest rate. Design a repayment plan according to your income level, leaving room appropriately, without affecting your normal life.
2. Choose the appropriate repayment method. There are two identical agreements, namely, equal lead repayment method and average capital repayment method.
3. Repay on time every month to avoid penalty interest. Generally, the loan time next month is the repayment date. Don't fail to approve the loan application because of your negligence.
4. Take good care of your contracts and IOUs, read the terms of the contracts carefully, and know your rights and obligations.
4. How to calculate the annual loan interest rate 10%?
If the loan is 1 000 yuan, by the end of one year, the principal and interest need to be 1 654,38+0,000 yuan.
The loan interest is: principal 10000 yuan × annual interest rate 10%= 1000 yuan.
If it is two years, it is x 2, if it is five years, it is x 5.
At present, the benchmark annual interest rate of the loan announced by the bank is: 0-6 months (including 6 months), and the annual interest rate is 4.35%; 6 months-1 year (inclusive), with an annual interest rate of 4.35%; 1-3 years (including 3 years), with annual interest rate of 4.75%; 3-5 years (including 5 years), with an annual interest rate of 4.75%; 5-30 years (including 30 years), with an annual interest rate of 4.90%; The loan interest rate needs to be comprehensively priced in combination with business types, credit status, guarantee methods and other factors.
Banks can use product interest method and transaction interest method to calculate interest:
1. Accumulate the account balance daily according to the actual number of days, and multiply the accumulated product by the daily interest rate to calculate the interest. The interest-bearing formula is: interest = accumulated interest-bearing products × daily interest rate, where accumulated interest-bearing products = total daily balance.
2. Transaction-by-transaction interest calculation method calculates interest one by one according to the preset interest calculation formula: interest = principal × interest rate × loan term.
The calculation formula is as follows:
Average monthly repayment amount = (loan principal × monthly interest rate ×( 1 interest rate) total repayment period) /( 1 interest rate) total repayment period -65438+ However, compared with the average capital method, the initial repayment amount is relatively small.
The average capital repayment method is to allocate the loan principal to each repayment period, and the interest payable in each period is calculated from the time when the principal has never been paid. The amount of the principal in each period remains unchanged, and the interest decreases step by step.
The calculation formula is as follows: the amount of repayment of principal and interest in each period = loan principal/repayment times (loan principal-accumulated amount of repaid principal) × number of periods, etc. The overall interest rate of Jinmao repayment will be less, but the initial repayment amount is relatively large.