Integral is a commonly used interest-bearing unit in China, which is divided into annual interest, monthly interest and daily interest, as follows:

Annual profit 1.5 points, namely 15%, annual loan income 1.500 yuan;

Monthly profit 1.5 points, i.e. 1.5%, January lending income 150 yuan;

Daily profit 1.5 points, namely 0. 15%, daily loan income 15 yuan.

Extended data:

Matters needing attention in loan interest calculation:

1. Differentiate interest-bearing time:

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.

2. The relationship between Li and Fen:

The score is 10 times that of Li.

References:

Baidu encyclopedia-Li