First of all, we must know that the essence of Yu 'ebao belongs to money funds, and Yu 'ebao is connected with multiple money funds, not just one money fund. Therefore, although everyone has Yu 'ebao, sometimes there will be some small differences in income, which is because the docked money funds are different and the income will be different. Secondly, it should be noted that the income of Yu 'ebao will change every day, so we will give you a detailed explanation with examples.
Assume that the annualized rate of return of Yu 'ebao is 2%. If the deposit amount is 100 yuan, what are the daily rate and monthly rate respectively?
The first thing you can know is that the money you can earn in a year is: 100×2%=2 yuan.
Then the money earned in one month is: 2/ 12=0. 16 yuan.
The money earned in one day is: 0. 16/30=0.0053 yuan.
It can be seen that the money earned every day is very small and there is almost no income. This is because the principal is too small. The more principal, the more money you earn. However, it should be noted that the above is just an example and does not represent the actual situation, because the income of Yu 'ebao changes every day.