The amount of interest that can be earned on the principal in 90 days = 90/360*6%*10000=150 yuan; the amount of interest that can be earned in 90 days on the principal of 50,000 = 150*5=750 yuan.
The annualized rate of return of a fund is the return on investment over a period of time. Assuming this level for a year, the converted annual rate of return. Because the annualized rate of return changes, the annual rate of return is not necessarily the same as the annualized rate of return.
Funds are investments, and investment must have risks. Risks mean that there are profits and losses.
The annualized rate of return is calculated by converting the current rate of return (daily rate of return, weekly rate of return, monthly rate of return) into the annual rate of return. It is a theoretical rate of return and is not a truly achieved rate of return. rate of return. For example, if the daily rate of return is one ten thousandth, the annual rate of return is 3.65% (an average year is 365 days).
The annualized rate of return of a fund is calculated by converting the expected rate of return that can be obtained by purchasing fund products into the annual rate of return.
The annualized rate of return of a fund refers to the rate of return earned with an investment period of one year.
Fund annualized return = (investment income/principal)/(investment days/365)×100%
Fund annualized return = principal×annualized return
The actual return of the fund = principal × annualized rate of return × number of investment days/365, which is the ratio of the actual return of an investment in one year.