How much is the 5 year dead interest of 2 million RMB

Hello, the calculation of 5-year deposit income is not based on compound interest, the current five-year deposit benchmark interest rate is, and all banks have a range of 10%, but it is difficult to say whether it has risen to the top. According to the calculation of 10% increase, 2 million deposits, 5 years after maturity, the total principal and interest = 2 million * (1 + yuan.)

With a 5-year fixed deposit, it is really better to buy treasury bonds. You can receive dividends every year, and then continue to invest or manage the dividends to achieve compound interest.

Hope the above can help you.

According to the latest deposit interest rate of various banks, the annual interest rate of five-year fixed deposit and withdrawal is between the five-year fixed deposit interest rate of Bank of China, and the calculation formula is: interest = principal annual interest rate number of years of deposit.

So the interest of two million deposits for five years: 2,000,000 yuan.

Attached is the latest deposit interest rate table of Bank of China

The annual interest rate of urban and rural residents and unit deposits is 1) demand.

b) Periodically. 1.Whole deposit and whole withdrawal. Trimester.

Half. year.

Two years. Three years.

Five years. 2.Fractional deposit and withdrawal, lump sum deposit and withdrawal, principal deposit and interest. year.

Three years. Five years.

3.Fix two pennies.

6% discount at the same grade interest rate for regular deposits within one year.

2. Agreement deposits.

3. Call Deposit. One day.

Seven days. Interest = Interest Rate * Principal * Time.

Interest 400,000*.

Each place is different from bank to bank, and some banks can be negotiated by both parties. In general, the interest rate is low, and the five-year term is calculated at an annual interest rate of 4%, and the interest of 2 million for five years is 200 * 4% * 5 = 400,000. The total principal and interest is 2.4 million.

For example, according to the latest deposit interest rate of each bank, the annual interest rate of the five-year lump sum deposit and lump sum withdrawal is between the annual interest rate of the five-year fixed deposit of the Bank of China

The calculation formula is: interest = principal annual interest rate number of years of deposit.

So the interest of two million deposits for five years: 2,000,000 yuan.

Extended Resources:

1. Fixed depositTime deposit refers to a form of savings in which the depositor deposits cash into a fixed savings account opened by a banking institution, agrees in advance to take a fixed period as the saving time, obtains a return at an interest higher than that of the demand deposit, and can receive the principal and interest after the expiration of the term. A fixed deposit is the money or currency that the depositor temporarily transfers the right to use to the bank under the condition that the depositor retains ownership, and is the most important source of credit funds for the bank.

Note) If the depositor withdraws a fixed deposit before the agreed savings period, the bank will usually handle the transaction in the same way as a demand deposit. Depositors are often required to notify the bank one day in advance to request an appointment for withdrawal before they need to withdraw a large amount of deposit, in case the bank has enough cash to make the payment.

2. Interest rate (year, month, day) is also called"Interest rate", which is the ratio of the amount of interest to the principal amount in a certain period of time.

The interest rate is the basis for calculating the amount of interest, and it is an important lever to mediate economic development.

Interest rates generally have three forms: annual interest rate, monthly interest rate and daily interest rate. The annual interest rate is expressed as a few percent of the principal amount and is called in China"points";The monthly interest rate is expressed in thousandths of the principal amount and is called in China"PCT";The daily interest rate is expressed in a few ten-thousandths of the principal amount and is called in China"milli"。

3. How to calculate the deposit interest rate, within a certain deposit period, the total amount of deposits in the bank is calculated according to the income ratio stipulated by the bank, and the result is the interest on the bank's deposit. The calculation formula is as follows: Deposit Interest = Deposit Amount * Deposit Interest Rate * Deposit Time.

In the calculation of bank deposit interest, the reference value of the deposit interest rate is the largest. The bank's deposit interest rate is based on the benchmark deposit rate issued by the People's Bank of China.

Interest rates are divided into simple interest and compound interest rates:

Interest i=p*i*n, where i represents interest, i represents interest rate, and n represents the number of years of deposit. China uses the simple interest calculation method.

Simple interest method. Interest = Principal Interest Rate Term.

Compound interest method. (Used to calculate interest on automatic rollover).

f=p (1+i)n (power).

f: Compound interest terminal value.

p: Principal. i: Interest rate.

n: an integer multiple of the time the interest rate was obtained.

Time deposits include lump sum deposits, lump sum deposits, lump sum deposits, interest-bearing deposits, and large-denomination certificates of deposit. Interest = Deposit principal * Deposit interest rate * Deposit term, taking Agricultural Bank of China as an example:

Lump sum deposit and withdrawal: three-year annual interest rate, three-year interest rate for 5 million yuan deposit 5 million * *3 = 10,000 yuan.

Lump sum deposit, lump sum deposit, principal with interest: annual interest rate, deposit for three years, the interest rate of 5 million deposit for three years is 5 million * * 3 = 10,000 yuan.

Large-amount certificates of deposit: Agricultural Bank of China 2021 No. 203 large-amount certificates of deposit, initial deposit of 5 million yuan, three-year annual interest rate, 5 million yuan deposit for three years interest of 5 million * *3 = 10,000 yuan.

If 5 million yuan is deposited in the bank for 3 years, the annual interest rate is 2%, and the corresponding interest can be obtained at maturity: 5,000,000 * 2% * 3 = 300,000 yuan Different bank interest rates are different, but the interest calculation formula is the same, is: interest = principal * interest rate * number of interest-bearing periods.

Taking the interest rate of 2% as an example, the interest rate of 5 million yuan for three years is 300,000 yuan (the interest rate of different banks is different, but the interest calculation formula is the same, which is: "interest = principal * interest rate * number of interest-bearing periods"). Example:

For example, if 5 million yuan is deposited in the bank for 3 years, the annual interest rate is 10%, and the corresponding interest can be obtained at maturity, that is: 5000000 * 2% * 3 = 300000 yuan.

Extended Information: What is Interest?

Interest is the fee for the use of money for a certain period of time, and refers to the remuneration received by the holder of the currency (creditor) from the borrower (debtor) for lending money or monetary capital. This includes interest on deposits, loans, and interest on various bonds. Under capitalism, the source of interest is the surplus value created by wage workers.

The essence of interest is a special form of transformation of surplus value, which is part of the profit.

The question of the starting point for calculating interest in the interest calculation formula:

1. The starting point for calculating interest on savings deposits is RMB, and no interest is paid on the dimes below RMB;

2. The interest amount is calculated to the cent, and the centim is rounded to the centim when the actual payment is made;

3. Except for the annual settlement of current savings, which can transfer the interest to the principal to earn interest, all other kinds of savings deposits, regardless of the deposit period, will be paid off with the principal at the time of withdrawal, without compound interest;

Problems in the calculation of the deposit period in the interest calculation formula:

1. The method of calculating the deposit period is not the end of the calculation;

2. Regardless of the big month, small month, ordinary month or leap month, it is calculated as 30 days per month and 360 days for the whole year.

3. The maturity date of all kinds of deposits is calculated on a year-to-month basis, and if the account opening date is the missing date of the maturity month, the last day of the maturity month is the maturity date.

Factors influencing interest:

The amount of interest depends on three factors: the principal, the tenor, and the level of the interest rate.

The formula for calculating interest is: interest = principal interest rate deposit period.

A fixed deposit is a deposit in which the bank and the depositor agree on the term and interest rate in advance at the time of deposit, and withdraw the principal and interest after maturity. It has the characteristics of a minimum deposit period of 3 months and a maximum of 5 years, a large margin of choice and a relatively stable interest income.

The People's Bank of China (PBOC) also said that at the same time, in conjunction with the promotion of interest rate market-oriented reform, the upper limit of the floating range of deposit interest rates of financial institutions will be adjusted from multiple times of the benchmark deposit interest rate to multiple times. In addition, the benchmark interest rates for other grades of loans and deposits will be adjusted accordingly, and the maturity grades of the benchmark interest rates will be appropriately simplified. In this way, the interests of the people can be guaranteed.

Summary. Pro, I'm glad to answer for you, 5 million three-year dead interest income, pro, generally speaking, the three-year dead period of the listed interest rate is, assuming that the investor has 50,000 yuan in cash, and will get interest after saving for three years and bringing it into the formula: 5 million * 3 years * yuan.

Pro, I'm glad to answer for you, 5 million three-year dead Tongdou suspicion interest income, pro, generally speaking, the listed interest rate of the three-year dead period is, assuming that the investor has 50,000 yuan of cash, and the deposit of three sales will get interest after bringing in the formula: 5 million * 3 years * yuan.

Bank Term Interest = Deposit Amount Deposit Period Expected Annualized Interest Rate. Generally speaking, the listed interest rate of the three-year death period is that the investors have 50,000 yuan in cash, and they will get interest after saving for three years and bringing it into the formula: 5 million * 3 years * yuan.

Of course, the interest rate of each bank is different, and some banks may increase the interest rate on the basis of the listed interest rate, so remember to change the interest rate when calculating at that time. Bank fixed deposits are divided into 4 deposit methods: lump sum deposit and lump sum withdrawal; Fractional deposit and withdrawal, whole code wide deposit and zero withdrawal, deposit principal and interest; Fix two pennies. Large certificates of deposit.