How to calculate daily compound interest?

117 viewsCommunity Technical Support

How to calculate daily compound interest?

I used application on play store to calculate daily compound interest rate of my investment Can someone here who can tell me if the results are correct or no please Or suggest me a good application please?

Dilshan Tharindu Perera Answered question October 7, 2024
0

FV = PV * (1 + r)n

Future Value Portfolio Value R is rate of gain N is number of years or time period

Example: At 7 percent gain over ten years.

30000 x (1 + .07)10 = 59000

Dilshan Tharindu Perera Answered question October 7, 2024
0