How to calculate daily compound interest?
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
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