How much is the seven-day annualized rate of return of 3%?

Assume that the seven-day annualized rate of return is 3% and the principal is 10,000 yuan. If calculated based on the annual rate of return of 3%, you can get 10,000*3%=300 yuan after one year, and the daily income is 300/365 days=0.82

Yuan.

Annualized rate of return refers to the rate of return earned with an investment period of one year.

Annualized rate of return = [(investment income/principal)/number of investment days] *365 ×100% annualized return = principal × annualized rate of return Actual income = principal × annualized rate of return × number of investment days/365

It is the daily rate, so calculating the 7-day annualized interest rate involves the calculation of compound interest. The calculation method is as follows: (∏(1+Ri/10000 copies)-1)^(365/7)×100%=7-day annualized interest rate, where Ri

It is the income per 10,000 shares on the most recent i-th calendar day (i=1, 27). The fund's seven-day annual return rate is rounded to three decimal places.

The purpose of investing is to obtain returns, but you have to bear certain risks when investing. The risks vary in different industries.

For example, if you invest in the vegetable industry, you must do your best to keep the vegetables fresh, and pay attention when calculating costs. The rot of vegetables is a personal risk.

The seven-day annualized rate of return is the annualized rate of return in the last 7 days. Every 7 days is different. It will fluctuate and can only be used as a reference standard. It does not mean that you will get this income every day after buying it.

The income of 10,000 shares refers to the income of every 10,000 shares, because the net value of the money fund is always 1, so the income of 10,000 shares is the income that can be obtained by buying 10,000 yuan.

Because the income fluctuates every day, the annual income also fluctuates, probably between 3.5% and 4.5%.

A simple classification of bank financial products: (1) Distinguished by income: 1. Fixed income type (principal guaranteed), which means that the principal is guaranteed to be absolutely safe and the agreed income is guaranteed within a complete cycle.

2. Capital-guaranteed and floating income, first of all, the safety of the principal is ensured, and then the income is uncertain and can be more or less, that is, the floating rate remains unchanged, depending on the performance of the operation.

3. Non-guaranteed floating income.

That is, you may lose money, or you may earn higher profits, that is, the profits are not fixed and floating.

(2) Distinguished by currency: 1. RMB financial products.

Use RMB to manage your finances.

2. Foreign currency financial products.

Financial management in foreign currencies requires back-and-forth exchange at different exchange rates, which involves exchange rate risks.

3. Dual currency financial products.

That is, financial management products that combine RMB and foreign currencies with each other.

(3) Classification according to investment targets: 1. New stocks.

Mainly to buy new stocks.

2. Bond market type.

Mainly various types of bonds, currencies, bills, etc. fixed income.