The interest rate is 9.45% annually, that is, the interest rate for 10,000 yuan per year is 945 yuan.

The LPR interest rate, also known as the loan market quoted interest rate (Loan PrimeRate), is determined by a representative quoting bank based on the bank's loan interest rate for the best customers, based on the open market operating interest rate (mainly refers to the medium-term lending facility) Interest rate) is quoted by adding points, which is a basic loan reference interest rate calculated and published by the National Interbank Funding Center authorized by the People's Bank of China. Each financial institution should mainly refer to the LPR for loan pricing.

The conversion formula for the annual interest rate of a loan is: annual interest rate ÷ 12 = monthly interest rate; monthly interest rate ÷ 30 = daily interest rate; annual interest rate ÷ 360 = daily interest rate. Interest rate, also known as interest rate, is the ratio of interest to principal within a certain date. It is generally divided into three types: annual interest rate, monthly interest rate, and daily interest rate.