What is the 7-day annualized rate of return? The 7-day annualized rate of return is 5.235%, and the deposit is 1 10,000 yuan. How much can you earn in January? How to calculate this? Ask for advice.

The so-called seven-day annualized rate of return is the average income level of the money fund in the last seven days, which is obtained after annualization.

For example, the annualized rate of return of a monetary fund is 2% on the same day, and assuming that the income of the monetary fund in the next year can remain unchanged at the level of the previous seven days, then you can get 2% of the overall income if you hold it for one year.

The annualized rate of return for seven days is 5.235%, and the deposit is 1 ten thousand yuan. January's income is:

10000 5.235% 30/360 = 43.63 (yuan)