1, and the return is: p = v-c.
2. The rate of return is: K=P/C=(V-C)/C=V/C- 1.
3. The annualized rate of return is:
(1) y = (1+k) n-1= (1+k) (d/t)-1or
(2)y=(v/c)^n- 1=(v/c)^(d/t)- 1
Where N=D/T represents the number of repeated investments by investors within one year. D stands for the effective investment time of one year, with bank deposits, bills and bonds being D=360 days, stocks and futures being 250 days, and real estate and industry being D=365 days.
For long-term wealth management products, the subscription period and liquidation period may be negligible, but for short-term wealth management products within 7 days or 1 month, this time has a great impact.
For example, a bank's 7-day wealth management product is called annualized rate of return 1.7%, but it needs at least 8 days of funds, 1.7% * 7/8 = 1.48%, which is almost the same as the bank's 7-day notice deposit, and the bank's notice deposit is much more convenient and stable than the general risky wealth management products. Therefore, to look at the annualized rate of return, we should not only look at the declared figures, but also look at the actual income figures.
Extended data
The People's Bank of China has strengthened the use of interest rate instruments. Interest rate adjustment is frequent year by year, the interest rate regulation mode is more flexible, and the regulation mechanism is becoming more and more perfect.
With the gradual advancement of interest rate marketization reform, interest rate policy, as one of the main means of monetary policy, will gradually change from direct regulation to indirect regulation. As an important economic lever, interest rate will play a more important role in the national macro-control system.
Since the reform and opening up, the People's Bank of China has strengthened the use of interest rate instruments, and gradually made interest rates an important lever by adjusting the level and structure of interest rates and reforming the interest rate management system.
In May and July of 1993, the People's Bank of China raised the deposit and loan interest rates twice, and in May and July of 1995, it raised the loan interest rates twice. These adjustments have effectively controlled inflation and the scale of fixed assets investment.
Baidu encyclopedia-annualized rate of return