the bank has a fixed term, the interest rate is 1.9%, the principal is 5, yuan, and the annual interest = principal * interest rate * years = 5, * 1.9% * 1 = 95 yuan.

Seven-day annualized rate of return is the average income level of the monetary fund in the last seven days. The data obtained after the annualization cannot be used as a standard for calculating the income, but only for reference to check the income level of the monetary fund in the last seven days.

there is a "ten thousand income" corresponding to the seven-day annualization, and ten thousand income is used to calculate the income. The 7-day annualized interest rate is 4.1, and the income converted into ten thousand shares is about 1.12 yuan.

then, the principal is 5, yuan, the daily income of 1, shares is 1.12 yuan, and the annual interest = principal/1, * 1, shares *365 days = 5 * 1.12 * 365 = 2,44 yuan (this value is approximate, and the income of the monetary fund changes every day)

What is the most reasonable way to deal with idle money?

1. Rolling access. You can divide your savings into 12 equal parts, and deposit them into a one-year term every month, or deposit the remaining money every month into a one-year term regardless of the amount. In this way, after one year, there will be a situation that a fixed deposit will expire every month and be available for withdrawal. If you don't need it, you can deposit it in this way together with the ten items of the principal and the balance at home in the current month. In this way, we can not only meet the needs of family expenses, but also enjoy the high interest rate of regular savings. Banks all implement the interest rate set by the People's Bank of China, and the interest rate is the same at any bank. The longer the interest is, the higher the interest will be, and the interest reduction will be terminated early. If it is possible to use part of the funds in advance and want high interest, you may wish to deposit them in batches and sections: if you deposit a sum for a fixed period of one year every month, you will have money every month after one year, and the interest is higher than zero deposit and lump sum withdrawal. And so on.

2. You can buy a fund at a bank or a fund company. Banks can act as agents for many fund companies, and specifically open an account to find a bank financial counter to handle it. At present, some securities companies also have agents to buy and sell funds. There is a discount on the general charge for online purchase after the bank opens online banking. Generally speaking, there are two ways to invest in open-end funds, single investment and regular quota. The so-called "fixed investment" of the fund means that investors invest a fixed amount (such as 1 yuan) in the designated open-end fund at a fixed time every month (such as the 1th of each month), which is similar to the bank's zero deposit and withdrawal method. Because of the low starting point and simple method of the fund's "fixed investment", it is also called "small investment plan" or "lazy financial management" The fixed-term investment of the fund is similar to long-term savings, which can make many a mickle, spread the investment cost equally and reduce the overall risk. It has the function of automatically increasing the price on dips and decreasing the price on dips, and can always get a relatively low average cost no matter how the market price changes. Therefore, regular fixed investment can smooth out the peaks and valleys of the fund's net value and eliminate market volatility. As long as the selected funds have overall growth, investors will get a relatively average income, and they don't have to worry about the timing of entering the market.

the role of savings

1. As a source of credit funds. By gathering less and turning consumption into accumulation, it is used to increase production and construction funds; To a certain extent, it can promote the adjustment of the proportion and structure of the national economy, accelerate the process of social reproduction and expand the scale.

2. As a means of withdrawing money, it can delay the realization of some purchasing power. Conducive to regulating currency circulation.

3. It can guide consumption and help residents to arrange their lives in a planned way.