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How to calculate the annualized rate of return of Yu Bao Li of 2.33%?
? The annualized rate of return = [(investment income/principal)/investment days] *365 × 100%, and the residual income is 3.80%. If you deposit 10 thousand yuan. Here's the payoff. 1 0,000 yuan multiplied by 3.80%, divided by 365, equals the daily income.

The calculation method of annualized rate of return is to convert the current rate of return (daily rate of return, weekly rate of return, monthly rate of return) into annual rate of return, which is a theoretical rate of return, not an actual rate of return.

Annualized rate of return The annual rate of return converted from the net income per 10,000 fund shares of the Monetary Fund in the past seven days. There are two ways to carry forward money market funds: 1. "Daily dividends are carried forward on a monthly basis", which is equivalent to daily simple interest and monthly compound interest; 2. "Daily dividends are carried forward daily", which is equivalent to daily compound interest.