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How to calculate the daily income of Yu 'ebao?
The revenue algorithm of Alipay Yu 'ebao is as follows:

The income of Yu 'ebao is different every day, and the calculation formula of income is = (confirmed amount of Yu 'ebao/10000)X every ten thousand income announced by the fund company on that day.

Supplementary information:

1. daily income of Yu 'ebao = (confirmed/10000)* income of ten thousand yuan on that day. If it is the overall income, you need to add up the daily income of Yu 'ebao. It should be noted that the income of 10,000 copies changes every day, so when calculating the total income, it is not the income of a certain day multiplied by the holding days. The income thus obtained is inaccurate.

2. In addition to 10,000 returns, Yu 'ebao also has an important indicator, that is, the annualized rate of return on the 7th, which is a short-term indicator of the Monetary Fund. However, many users often confuse the 7-day annualized rate of return with the 10,000-share income. The 7-day annualized rate of return is the average income level of the money fund in the last 7 days, which is the data obtained after annualization. For example, a money fund shows an annualized rate of return of 2% on the same day, and assuming that the income of the money fund in the next year can remain unchanged at the level of the previous seven days, then you can get an overall income of 2% if you hold it for one year.

3. Therefore, if a user invests in a money fund, ten thousand shares of income and seven-day annualized rate of return are the must-see indicators. These two indicators are often updated every day. Relatively speaking, the 7-day annualized rate of return is more accurate in predicting future returns, because it represents the changes of the money fund's income in the last 7 days, while the 10,000-share income represents the latest income of the day, which is of little reference significance to the fund's future income prediction.

Extended data:

I. Introduction to Alipay

Alipay (China) Network Technology Co., Ltd., established in 2004, is a domestic third-party payment platform, and is committed to providing "simple, safe, fast and convenient" payment solutions for enterprises and individuals. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It owns two independent brands, Alipay and Alipay Wallet. Since the second quarter of 20 14, it has become the largest mobile payment manufacturer in the world.