One. interest
1. Interest is the use fee of money in a certain period of time, which refers to the reward that the money holder (creditor) gets from the borrower (debtor) for lending money or monetary capital.
Including deposit interest, loan interest and interest generated by various bonds.
Under the capitalist system, the source of interest is the surplus value created by hired workers. The essence of interest is a special transformation form of surplus value and a part of profit. [
Funds other than deposit and loan principal (different from "principal").
2. The abstract interest point refers to the value added when monetary funds are injected into the real economy and returned.
Generally speaking, interest refers to the remuneration paid by the borrower (debtor) to the lender (creditor) for using the borrowed currency or capital. Also known as the symmetry of sub-fund and parent fund (principal).
The calculation formula of interest is: interest = principal × interest rate × deposit period (i.e. time).
3. Interest is the reward that the fund owner gets for lending the fund, and it comes from a part of the profits formed by the producers using the fund to play their operational functions.
Refers to the value-added amount brought by monetary funds injected into the real economy and returned.
Second, interest rates.
Interest rate, also known as interest rate, is the ratio of interest to principal on a certain date, which is generally divided into annual interest rate, monthly interest rate and daily interest rate. The annual interest rate is expressed as a percentage, the monthly interest rate is expressed as one thousandth, and the daily interest rate is expressed as one thousandth. If the annual interest rate of 9% is written as 9%, that is to say, every 1,000 yuan deposit will receive regular annual interest in 90 yuan, and the monthly interest rate of 6% is written as 6‰, that is, the monthly interest rate of every 1,000 yuan deposit is written as 6 yuan, and the daily interest rate of 1% 5 cents is written as 0. 15‰, that is, the daily interest rate of every 1,000 yuan deposit is1.
In order to calculate interest conveniently, three kinds of interest rates can be converted, and the conversion formula is: annual interest rate ÷ 12= monthly interest rate; Monthly interest rate ÷30= daily interest rate; Annual interest rate ÷360= daily interest rate.