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The fund interest rate of 80,000 yuan is 4.15%. How to calculate the interest in half a year?

The fund interest rate generally refers to the annual interest rate, or it can also be the monthly interest rate.

Four cents and a half means the monthly interest rate is 0.415%.

The calculation formula of fund interest is: interest = principal * interest rate * time interest = 80000 * 0.415% (monthly interest rate) * 6 (month) = 1992 yuan.

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