How much is the interest?

Interest can be divided into daily interest, monthly interest and annual interest.

1 is divided into 1%, and the results of different interest types are different.

There are one hundred thousand yuan:

If the daily interest is one point, the annual interest is10000 *1%* 365 = 365000 yuan.

If the monthly interest rate is one point, the annual interest rate is10000 *1%*12 =12500 (yuan).

If the annual interest rate is one point, the annual interest rate is10000 *1%*1=1000 (yuan).

Interest refers to the reward that the currency 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.

Interest is the reward that the fund owner gets for lending the fund, which comes from a part of the profits that the producer makes by using the fund to play its operational functions.

Refers to the value-added amount brought by monetary funds injected into the real economy and returned. The calculation formula is: interest = principal × interest rate × deposit period × 100%.

References:

Interest _ Baidu Encyclopedia