Interest income
Principal
Annual Percentage Rate (365 days)%
Deposit Days
Interest income
Annualized Rate of Return‌‌
Principal
Deposit Days
Interest income
Annual Percentage Rate (365 days)%

What is the annual percentage rate?

The annual interest rate refers to the deposit interest rate for one year. The term “interest rate” is an abbreviation for “interest rate ratio,” which denotes the ratio of interest amount to the principal of a deposit or loan over a specified period. Interest rates are typically categorized into three types: annual, monthly, and daily. The annual interest rate is expressed as a percentage of the principal, the monthly interest rate as a per mille rate, and the daily interest rate as a per ten-thousand rate.

Footprints:

Links: Developer Tools