Great Husband of the Northern Song Dynasty
: On the interest of borrowing money from the bank
The latest website: Some book friends have doubts about the annual interest rate of the big song Qianzhuang. The jazz summed it up, roughly speaking that the two points should be 2%, which is too low.
Jazz has consulted many materials on this matter, especially the materials on the loan of the Northern Song Dynasty, and the Green Miao Law.
The rules of the green seedling law: limited to half a year, and earn two points for interest.
When Han Qi was in Hebei, the loan conditions he proposed were: "For every one thousand borrowed, one thousand three hundred will be paid" and "three points of profit"
Here we can see that this ‘point’ is ‘success’. That is to say, under the background of the Northern Song Dynasty, the two and three points in borrowing and lending are actually 20% to 30%.
This is probably the case. If there is something wrong, I would like to ask all your book friends to correct me, and thank you, Sir.
I came back home yesterday and felt a bit ignorant, so the response was slower, otherwise the bookmates who had comments on the reply at noon. Later, please forgive me.
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