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How to calculate the interest of 5 points on the loan?
The interest on the loan is 5 cents. If it is a monthly interest, it is 5% of the monthly interest. The monthly interest of 100 yuan is 5 yuan.

If it is an annual interest rate, it means that the annual interest rate is 50%, and the annual interest rate of 100 yuan is 50 yuan.

Expression of annual, monthly and daily interest rates:

(1) The annual interest rate is the annual interest. The annual interest rate is expressed as a percentage of the principal. Ten percent is an interest. 1% is one centimeter.

(2) The monthly interest rate is the interest calculated on a monthly basis. The monthly interest rate is expressed as a few thousandths of the principal. One ten thousandth is the dividend, that is, 1% is 1.

(3) The daily interest rate is the interest calculated on a daily basis. The daily interest rate is expressed as a few ten thousandths of the principal. Ten ten thousandths is the dividend, that is, 0. 1% is 1.

(4) Annual interest rate/12 = monthly interest rate, and daily interest rate * 365 = annual interest rate.