The calculation method of annualized rate of return is to convert 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 an actual rate of return.

Definition: annualized rate of return refers to the rate of return obtained by investing for one year.

Annualized rate of return = [(return on investment/principal)/investment days] * 365×100%;

Annualized income = principal × annualized rate of return;

Actual income = principal × annualized rate of return × investment days /365.

Tips: The above contents are for reference only.

Response time: 2021-1-11. Please refer to the latest business changes announced by Ping An Bank in official website.