Some interest of private lending is calculated on a monthly basis, and some interest is a few percent of the monthly interest. For example, one point is one percent of the monthly interest rate, and two points is two percent of the monthly interest rate. By analogy, the annual interest is calculated, with one-point interest 12% and two-point interest of 24%.

1 Dividend If it is the annual interest rate, 50,000 yuan will earn 5,000 yuan a year; If it is a monthly interest, you will earn 6000 yuan a year. The key is to see whether this dividend refers to the monthly interest rate or the annual interest rate. One year is 10%, and one month is 12%.