What is the March fixed deposit interest rate? What's the interest for a three-month deposit of 1, yuan? The money fund is calculated at an annualized rate of return of 2%, and the money fund will rec

the annual interest rate of three-month deposit in the bank is 1.71%

three-month interest = 1,× 1.71% ÷ 4 = 42.75 yuan

three-month interest of the fund = 1,× 2% ÷ 4 = 5 yuan

Of course, the fund's income is much higher. But all investments are risky, and so are funds. 2% interest rate is not a fixed interest rate. Just the expected rate of return.

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