What is the annual fixed interest rate of 20,000 yuan?

According to the latest deposit interest rate adjusted on March 18, 2007, deposit 20,000 yuan for one year, and the after-tax interest is:

20000×2.79%×0.8 (after tax) = 446.4 yuan.

The latest deposit interest rate: /common/rmbdeposit.jsp? Category = root% 3e% D6% d0% d0% d0% D7% DC% d0% d0% 3e% d0% C7% E9% B7% D6% Ce% F6% CA% D2% 3e% B4% E6% BF% EE% A/ kloc-0/% A2 % B4 % FB % BF % EE % C0 % FB % C2 % CA

I'll give you ICBC's "financial calculator". You can do the math yourself. Very convenient. it wont hurt you to try it

/calculator /calculator_per.jsp