Annualized interest rate is the value that converts current interest rate, daily interest rate, weekly interest rate and monthly interest rate into annual interest rate. Monthly interest rate *1February = daily interest rate *360 days (calculated according to 360 days per year) = annual interest rate. Formula for calculating annualized interest rate: annualized interest rate =( 1+b) minus a power 1, where a is the income period (year) of wealth management products and b is the rate of return. The annualized interest rate is the interest rate discounted to the whole year through the inherent rate of return of products. In other words, daily interest rate, monthly interest rate, etc. They are all "converted" into the real annual interest rate that bears interest once a year, so the annualized interest rate is equal to the real interest rate.
The formula for calculating interest rate is: interest = principal * annualized interest rate * time. Simply put, if the annual interest rate is 2%, then the interest earned after the principal is deposited for one year is the principal *2%. The annualized interest rate is in years. After converting daily income into interest rate, convert daily interest rate or monthly interest rate into annual interest rate to get annualized interest rate.
If there is a demand for capital turnover, we recommend you to use Qianhua, a credit service brand under Du Xiaoman Finance (formerly known as Baidu Qianhua, renamed as "Qianhua" in June 2065438+08). Big brands are reliable, with low interest rates and trustworthy. The money is spent-full of easy loans, the maximum loan amount is 200 thousand, and the daily interest rate is as low as 0.02%
I know many small loan companies. Generally speaking, Baidu has the highest pass rate. The credit line is the highest. Nothing gave me a credit line of 9.5W My colleague directly approved a credit line of 18W.
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Special attention: withdraw cash in full as soon as possible after the quota is issued, because risk control is dynamic.
It's best to put forward all the suggestions on demand, and the risk control system will mistakenly think that you don't need this fund, which will lead to the failure of withdrawal. At least 60% is safer. Support early settlement of repayment after the first installment.
If the money spent is not enough or there is no limit, it is recommended to try the following two platforms, which are also relatively formal licensed financial institutions! The audit is relatively less strict!
360 IOUs, with a maximum loan of 200,000!
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Staging music can be borrowed up to 50 thousand!
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