Uncle Li deposited 4500 yuan in the bank in February 2008, with a fixed deposit period of two years and an annual interest rate of 4.68%. After maturity, if he paid interest tax at 5%, how many yuan would Uncle Li have to pay interest tax? How much interest can you actually get?

Uncle Li deposited 4500 yuan in the bank in February 2008, with a fixed deposit period of two years and an annual interest rate of 4.68%. After maturity, if he paid interest tax at 5%, how many yuan would Uncle Li have to pay interest tax? How much interest can you actually get?


Interest at maturity: 4500 × 4.68% × 2, = 210.6 × 2, = 421.2 (yuan), interest tax payable: 421.2 × 5% = 21.06 (yuan), actual interest: 421.2-21.06 = 400.14 (yuan). Answer: he should pay interest tax of 21.06 yuan, actual interest is 400.14 yuan



Uncle Li deposits 5000 yuan in the bank for three years with an annual interest rate of 4.68%. When it matures, how much yuan can he get in total (interest tax is calculated as 5%)


5000+5000*3*4.68%*(1-5%)
=5000+666.9
=5666.9 yuan