About the Annual, Monthly, and Daily Interest Rate Conversion Tool:

1. This tool can convert between annual, monthly, and daily interest rates.

2. Conversion formulas for annual, monthly, and daily rates:

• (1) Annual Rate = Monthly Rate × 12 (months) = Daily Rate × 360 (days)
• (2) Monthly Rate = Annual Rate ÷ 12 (months) = Daily Rate × 30 (days)
• (3) Daily Rate = Annual Rate ÷ 360 (days) = Monthly Rate ÷ 30 (days)

3. Note: The calculation results of this tool are for reference only and should not be used as a basis for any factual claims. Please refer to actual calculations.