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Introduction to the Annual, Monthly, and Daily Interest Rate Conversion Tool:

1. This tool allows you to convert between annual, monthly, and daily interest rates.

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

(1) Annual Interest Rate = Monthly Interest Rate × 12 (months) = Daily Interest Rate × 360 (days)

(2) Monthly Interest Rate = Annual Interest Rate ÷ 12 (months) = Daily Interest Rate × 30 (days)

(3) Daily Interest Rate = Annual Interest Rate ÷ 360 (days) = Monthly Interest Rate ÷ 30 (days)

3. Note: The results generated by this tool are for reference only and should not be relied upon as factual evidence. Please refer to actual calculations for accuracy.

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