9. The annualized interest rate of 1 7% means that the interest of 100 yuan1year is about 9. 17 yuan. Annualized interest rate refers to the conversion of the inherent interest rate for any period of time into an annual interest rate expression, which can be used to estimate the interest after one year's maturity. The annualized interest rate may fluctuate. The annual interest rate is about 9. 17 yuan, only about 9. 17 yuan, not necessarily 9. 17 yuan.