annual interest
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
annual interest; interest calculated on a yearly basis
formalA financial term used for loans, deposits, and bonds to express the interest rate or amount earned or charged per year.
Zhè这
bǐ笔
cún存
kuǎn款
de的
nián年
xī息
shì是
sān3
.
diǎn5
wǔ%
。
The annual interest on this deposit is 3.5%.
Yín银
háng行
gōng公
bù布
le了
xīn新
dài贷
kuǎn款
de的
nián年
xī息
。
The bank announced the annual interest rate for new loans.
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Nián年
xī息
tōng通
cháng常
bǐ比
yuè月
xī息
gèng更
róng容
yì易
jì计
suàn算
。
Annual interest is usually easier to calculate than monthly interest.