The annualized rate of return is only calculated by converting the current rate of return (daily rate of return, weekly rate of return, monthly rate of return) into annual rate of return, which is a theoretical rate of return, not a real rate of return.

What does an annualized interest rate of 6% mean? If you need to calculate how much income you have in a month, you need to convert the annualized rate of return into monthly income first. The formula is as follows: monthly yield = annualized yield/12.

The calculation method is as follows:

Assuming that the financing principal is RMB 654.38+10,000 yuan, the reference annualized net investment return rate of this product is 6%, and the actual financing period is 62 days, then the investor's income =100000× 6 %× 62/360 =1033.33 yuan.

Annualized rate of return The annual rate of return converted from the net income per 10,000 fund shares of the Monetary Fund in the past seven days. There are two ways to carry forward money market funds: 1. "Daily dividends are carried forward on a monthly basis", which is equivalent to daily simple interest and monthly compound interest; 2. "Daily dividends are carried forward daily", which is equivalent to daily compound interest. The calculation formula of simple interest is (∑ Ri/7) × 365/1000×100%, and the calculation formula of compound interest is (∑ RI/10000) × 365/7 ×100%, where RI