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How to calculate compounded profits on a given day?
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How to calculate compounded profits on a given day?
#1
Hello,

I have a spreadsheet which im looking to convert into a python code to add onto my website.

Questions is how can I calculate the compounded results on a given day?

So for example on day one a person starts on a $228 capital he then earns approx 0.2% on that capital. That return gets put back into the capital, therefore the capital grows and now you are getting 0.2% on the new capital.

This whole process carries on and on until the user decides to leave the company.

So by default, your daily capital increases and because of this your daily returns also increase. And now the next daily capital has increased and also the next daily return and so on and so fourth.

Hope that made sense!!

thanks

Gourav
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How to calculate compounded profits on a given day? - by guv114 - Aug-07-2020, 01:09 PM

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