How to calculate the interest of financial transfer?

World Health:Nowadays, people are not willing to put their unused idle money in a bank demand deposit account, but will choose to buy a variety of financial products. After ...

Jul 24,2021 | Elaine

How to calculate the interest of financial transfer?

Nowadays, people are not willing to put their unused idle money in a bank demand deposit account, but will choose to buy a variety of financial products. After people buy financial products, there will inevitably be times when they need to use the money. In case the financial products do not expire, you have to choose to transfer the financial products in your hands. At the time of the transfer, how the interest on the financial products is a common concern. Here, we will talk in detail about how to calculate the interest of financial transfer.

www.searchnewsinfo.com

According to some current cases of financial product transfer, the interest of financial transfer is calculated according to the holding period. In addition, the holder can decide the price of transferring the principal and interest according to their own situation when transferring. A detailed example is given for you.

financial2

For example, holding 160,000 yuan of financial products, the product closed period of more than 90 days, the expected annualized return of 3.9%, has been held for more than 30 days, according to the holding time can get about 547 yuan of expected income. Then the holder can transfer the financial product at the price of 160,547 yuan. If the holder is in a hurry and wants to facilitate a quick transaction, then the holder can choose to transfer it at a price lower than $160,547. In this way, the expected return on the product can be greater than the original 3.9% for the person to whom the financial product is transferred.

Through the above, we have introduced how to calculate the interest of financial transfer, and hope to solve the doubts in your mind. In short, the transfer of interest products is that the interest is calculated according to the holding time.

More Articles

How do metabolic diseases occur? In fact, there are four aspects of responsibility and it is time to change
How do metabolic diseases occur? In fact, there are four aspects of responsibili...

As we age, our organs decline and our risk of chronic metabolic clinic and metabolic diseases increases dramatically, such a...

HR business thinking practice 4: business model
HR business thinking practice 4: business model

After clarifying the company culture and analyzing the external market environment, we should understand the logic of our co...

New policy of Hong Kong Immigration Department, you can renew your visa even if you don't come to Hong Kong
New policy of Hong Kong Immigration Department, you can renew your visa even if ...

How long does visa appointment take?You can expect to be at the Embassy or Consulate for approximately two to three hours. T...

Use the best recurring payment system in your budget to boost your business
Use the best recurring payment system in your budget to boost your business

Whether you re releasing subscription-based products or services, setting up a customer payment plan, billing system softwar...

Maya Jama's fake freckles The 25-year-old host likes to give her a
Maya Jama's fake freckles The 25-year-old host likes to give her a "fantasy" wit...

If I apply a lot of makeup, I will add fake freckles to give the illusion of bare skin, she told Met Magazine.

Freckles

The most comprehensive analysis of 3D printing technology in history
The most comprehensive analysis of 3D printing technology in history

Advantages of 13D printing technologyEconomies of scale are the invisible forces that support the modern industrial economy,...

What are the holes in aircraft glass?
What are the holes in aircraft glass?

Dear friends and followers. Today s question is another absolute classic passenger question: Joe why is that a little hole...

glass

Advantages and disadvantages of high impedance headphones
Advantages and disadvantages of high impedance headphones

Advantage:1. High-impedance headphones have high signal-to-noise ratio of the systemAny amplifier circuit has a noise floor,...