The annualized rate of return is 2.808%.

Then the daily rate of return is 2.808/365, which is about 0.00769%.

Then multiply it by the principal 10000 yuan, and the daily income is about 0.769 yuan.

Extended data:

Seven-day annualized rate of return:

Under different income carry-over methods, the calculation formula of seven-day annualized rate of return should also be different. At present, there are two ways to carry forward the income of money market funds. One is to pay dividends on a daily basis and carry them forward on a monthly basis, which is equivalent to daily simple interest and monthly compound interest; The other is a daily dividend, which is carried forward on a daily basis, which is equivalent to daily compound interest.

The formula for simple interest is (∑ ri/7) × 365/1000×100%, and the formula for compound interest is: (∏ (1+ri/10000)-/kloc-0.

The establishment of this index is mainly to provide investors with more intuitive data for investors to refer to when comparing the income of money funds with other investment products. In this indicator, the rate of return in the last seven days is determined by seven variables, so the same income in the last seven days does not mean that the net income per 10,000 fund shares in the seven times used for calculation is exactly the same.

Baidu encyclopedia-annualized rate of return