The annualized rate is 4%, which is divided into deposit annualized rate and loan annualized rate.

1. Annual deposit rate. According to the annualized interest rate = actual annual interest rate, so the annualized rate of 4% means the actual annual interest rate is 4%. According to the deposit interest = deposit amount * deposit interest rate * deposit time, the interest of 10,000 yuan is: 10000*4%* 1=400 yuan.

2. Loan annualized interest rate. Loan repayment methods are divided into equal amounts of principal and interest and equal amounts of principal.

①Equal principal and interest. The interest on ten thousand yuan per year is 217.99 yuan.

②Equal principal amount. The interest on ten thousand yuan per year is 216.67 yuan.

Deposits can be classified in many ways. For example, they can be divided into original deposits and derived deposits according to the way they are generated. They can be divided into demand deposits and time deposits according to their terms. According to the depositors (take China as an example) , it can be divided into corporate deposits and personal deposits. Personal deposits are resident savings deposits, which are currencies deposited by individual residents in banks. Company deposits

①Enterprise deposits. This is the temporarily idle monetary funds generated by state-owned enterprises, supply and marketing cooperatives and collective industrial enterprises due to the inconsistent timing of sales revenue and various expenditures. It also includes various special funds that have been withdrawn but not used by the enterprise. The most important of them is Fixed asset depreciation fund also includes profit retention.

Changes in corporate deposits depend on the scale of production, purchase and sale of goods, and operating and management conditions of the company. If production or commodity circulation expands, corporate deposits will increase, and vice versa; if business management improves, capital turnover accelerates, corporate deposits will increase. will decrease, otherwise it will increase. The vast majority of corporate deposits are demand deposits, and only a small part are time deposits.

② Fiscal deposits. The bank acts as an agent for the national treasury, and all fiscal revenue and expenditure must be handled through the bank (see the national treasury system). Fiscal revenue and expenditure are often inconsistent in time. In the case of revenue first and expenditure later, temporarily unused funds form fiscal deposits.

③ Capital construction deposits are deposits formed from funds that have not yet been spent for capital construction

④ Deposits of agencies, groups, and military units. It is a deposit formed by the unused funds received by the above-mentioned units from the central finance.

⑤ Rural deposits. The deposits of collective agriculture, township enterprises and rural credit cooperatives in banks, of which rural credit cooperative deposits account for more than 90%.

New deposit types are constantly emerging in the world, such as transferable large-amount time deposit certificates, transferable payment order accounts, telephone transfer services and automatic transfer services, money market deposit accounts, etc. Among them, large-amount transferable time deposits are Certificates of deposit have also developed to a certain extent in China. Time deposit

Refers to a deposit in which the depositor can withdraw the money on a specified date after depositing or must notify the bank several days before preparing to withdraw the money. The term can be from 3 months to 5 years or 10 years. The above does not vary.

Generally speaking, the longer the deposit term, the higher the interest rate. Traditional time deposits are not only available in the form of deposit certificates, but also in the form of passbooks. The latter is also called passbook time deposit, but it uses 90 days as the basic number of days for interest calculation, and no interest is calculated for less than 90 days. Compared with demand deposits, time deposits have stronger stability and lower operating costs. The deposit reserve ratio held by commercial banks is also correspondingly lower. Therefore, the fund utilization rate of time deposits is often higher than that of demand deposits. deposit.

Time deposits are deposits in which the bank and the depositor agree on the term and interest rate in advance when depositing, and the principal and interest are withdrawn after maturity. Fixed deposits are used for settlement or withdrawal of cash from a fixed deposit account. If customers need funds temporarily, they can apply for early withdrawal or partial early withdrawal. Demand deposit

Refers to a bank deposit that the depositor can deposit, withdraw and transfer at any time without any prior notice. Its forms include checking deposit account, certified check, cashier's check, travel check and letter of credit. . Demand deposits account for the largest portion of a country's money supply and are also an important source of funds for commercial banks.

In view of the fact that demand deposits not only function as a means of monetary payment and circulation, but also have strong derivation capabilities, commercial banks must regard demand deposits as the focus of their operations at all times. However, due to the frequent deposits and withdrawals of such deposits, complex procedures, and high costs, commercial banks in Western countries generally do not pay interest, and sometimes even charge certain handling fees. Notice deposit

Notice deposit is a kind of deposit with no agreed deposit period. When withdrawing, the bank must be notified in advance and the withdrawal date and amount must be agreed before it can be withdrawn.

No matter how long the actual deposit period is, personal call deposits are divided into two types: one-day call deposits and seven-day call deposits according to the length of advance notice given by the depositor. For one-day call deposits, the deposit amount must be notified one day in advance. For seven-day call deposits, the deposit amount must be withdrawn seven days in advance.

The minimum deposit amount, minimum withdrawal amount and minimum retention amount of RMB call deposit are all 50,000 yuan, and the minimum deposit amount in foreign currency is US$1,000 equivalent in foreign currency (the minimum deposit amount of each bank can be consulted with the local bank).

The currencies of call deposits can be RMB, Hong Kong dollars, British pounds, US dollars, Japanese yen, euros, Swiss francs, Australian dollars, and Singapore dollars (please consult your local bank for specific businesses and currencies in each province) . The interest rates for call deposits in RMB and foreign currencies are both higher than the interest rates for current deposits. The specific regulations are subject to the regulations of each bank.