Topic: One million dollars, building a school

At present, the annual interest rate of China Merchants Bank's one-year lump sum deposit is 17,500 yuan after 1 million yuan of deposit in Fantan. Interest = Principal * Annual Interest Rate.

The interest rate on deposits varies from bank to bank.

In 2017, the deposit rates of banks are as follows:

1.Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of China, Bank of Communications: Current Deposit Interest Rate is: .

The interest rate for a fixed deposit is :, the interest rate for a half year is :, and the interest rate for a one-year deposit is:

The two-year interest rate for deposits is:, the three-year interest rate for deposits is:, and the five-year interest rate for deposits is:.

2.China Merchants Bank: Demand Deposit Interest Rate is: .

The interest rate for a fixed deposit is :, the interest rate for a half year is :, and the interest rate for a one-year deposit is:

The two-year interest rate for deposits is:, the three-year interest rate for deposits is:, and the five-year interest rate for deposits is:.

3.Shanghai Pudong Development Bank: Demand Deposit Interest Rate is: .

The interest rate for a fixed deposit is :, the interest rate for a half year is :, and the interest rate for a one-year deposit is:

2%, the two-year interest rate of the deposit is:, the three-year interest rate of the deposit is:, the five-year interest rate of the deposit is:.

4.China Post Savings Bank: Demand Deposit Rate is: .

The interest rate for a fixed deposit is :, the interest rate for a half year is :, and the interest rate for a one-year deposit is:

The two-year interest rate for deposits is: 3% for three-year deposits, and the interest rate for five-year deposits is:

3%。5.Industrial Bank: Demand Deposit Interest Rate is: .

The interest rate for a fixed deposit is :, the interest rate for a half year is :, and the interest rate for a one-year deposit is:

2%, the two-year interest rate of the deposit is:, the three-year interest rate of the deposit is:, the five-year interest rate of the deposit is:.

6.Ping An Bank: Demand Deposit Interest Rate is: .

The interest rate for a fixed deposit is :, the interest rate for a half year is :, and the interest rate for a one-year deposit is:

2%, the two-year interest rate of the deposit is:, the three-year interest rate of the deposit is:, the five-year interest rate of the deposit is:.

7.China CITIC Bank: The interest rate of the current deposit is: .

The interest rate for a fixed deposit is :, the interest rate for a half year is :, and the interest rate for a one-year deposit is:

2%, the two-year interest rate of the deposit is:, the three-year interest rate of the deposit is: 3%, and the five-year interest rate of the deposit is:

3%。8.China Guangfa Bank: demand deposit interest rate is: .

The interest rate for a fixed deposit is :, the interest rate for a half year is :, and the interest rate for a one-year deposit is:

2%, the two-year interest rate of the deposit is:, the three-year interest rate of the deposit is:, the five-year interest rate of the deposit is:.

The current deposit rate was adjusted and implemented on July 6, 2012. Since June 8, 2012, the liberalization of interest rates has been promoted. The upper limit of the floating range of the deposit interest rate of financial institutions is adjusted to multiple of the benchmark interest rate, and the deposit interest rate of commercial banks is allowed to be different.

Taking one year as an example, banks can independently set the one-year deposit yield at no more than 3%. The highest multiple, i.e. the one-year deposit rate. Each bank implements the interest rate standard between the benchmark interest rate multiples according to the bank's situation.

In the specific implementation, small and medium-sized banks such as urban commercial banks, credit cooperatives, etc., implement 110% of the interest rate that rises to the upper limit, and large banks (industry and commerce, agriculture, construction, Bank of China, Bank of Communications, Postal Savings Bank) have not risen to the upper limit, which is between 100% and 110%.

At the beginning of 2014, due to the launch of various wealth management products, the fierce competition between banks, banks and Internet finance, at the beginning of the year, the Agricultural Bank of China raised the deposit interest rate to 10%, and the China Construction Bank also carried out a 10% pilot increase. ICBC's interest rate on one-year deposits has also been raised to a ceiling of 10%.

Demand deposits: large banks that have not adjusted the benchmark interest rate of the central bank for many years, and the interest rate is deposited and withdrawn after a 10% increase

Large banks that have not adjusted their benchmark interest rates for three months, large banks that have not adjusted their benchmark interest rates for half a year after a 10% increase, large banks that have not adjusted their benchmark interest rates for one year after a 10% increase, large banks that have not adjusted their benchmark interest rates for two years after a 10% increase, large banks that have not adjusted their benchmark interest rates for three years after a 10% increase, large banks that have not adjusted their benchmark interest rates for three years after a 10% increase, and large banks that have not adjusted their benchmark interest rates for five years after a 10% increase, and large banks that have not adjusted their benchmark interest rates for five years after a 10% increase.

Various legends about Stanford University are widely circulated on the internet, some true and some made up. One of the most pernicious and far-reaching rumors is this:

There were two hillbilly couples who approached Harvard University and offered to donate a building to Harvard. The president of Harvard University arrogantly said that it would cost a million to donate a building, and then sent the old couple away in a few sentences. The old couple nagged as they walked, only a million, only a million.

They had 100 million to donate, so they simply donated a university themselves, which is today's Stanford University.

This rumor was translated into various languages and spread so widely that Stanford University had to refute the rumor on its own **. In fact, there are many loopholes in this story, first of all, people who know the history of Stanford are slow to know that the elder Stanford (Leland Stanford Sris a railroad king in California, who has served as governor of California and a U.S. senator, belongs to the elite class, and is by no means a hillbilly; We'll tell you later that his wife was also a wonderful woman.

Second, in the ninth century, 100 million was an astronomical amount, and a million dollars was also a very large fortune. Citibank, the largest bank in the United States, had deposits of tens of millions of dollars by 1930. Until twenty years before Stanford University was founded, the largest endowment in the history of the United States was only $7 million, which established Johns Hopkins University and the Hopkins School of Medicine.

The cash of the old Stanford's donation was only more than 10 million, which was already the largest donation in the United States at that time. The most valuable of Old Stanford's endowment was more than eight thousand acres of land. At that time, California was a "barbarian land", and the land was not worth much, but now the city of Palo Altu, where Stanford is located, is the most expensive place in the world, and the price of these lands has increased more than 10,000 times.

Third, Harvard and all universities in the United States have always been very attentive to donors. Frankly, it is much more diligent than Chinese universities and will not snub any philanthropists. This is one of the important reasons why American universities receive huge donations.

The true story about Stanford goes like this. The old Leland Stanford couple brought their only child, Leland Stanford JrSent to Europe for a trip, the child unfortunately passed away in Europe.

The Stanfords were heartbroken and later decided to use their entire fortune (about tens of millions of dollars, equivalent to a billion dollars today). Build a college for the children of California, not the fabled children of the United States or the world, to honor their own children. The university was named Little Ryland.

Stanford University (Leland Stanford Junior University) is abbreviated as Stanford University.

Stanford University.

You don't think it's just this woman, but the story is about a couple, but it's actually the Stanfords.

Later, they built Stanford Celebration University.