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What do you mean by single interest and double interest?
The principal interest is calculated by simple interest, and double interest is paid regularly every month.

Double interest rate = high dividend and high debt interest rate. The fund strengthens the profit base with interest income and expands the profit space with capital income. Mainly invest in stocks with strong dividend-paying ability and high-quality bonds in yield to maturity under similar conditions.

Simple interest is only the interest on the principal, excluding compound interest. How much interest do you pay every month? Multiplied by twelve months is one year's interest. Loan principal and interest and compound interest, also known as compound interest, are settled once a year at a single interest rate, and then the principal and interest are combined as the principal for the next year. This figure is used as the principal at the time of interest settlement next year. Compound interest is more than single interest.