Aug-09-2020, 06:29 AM
OK, I misinterpreted this post because there is some key information missing.
I read one would be compounding 0.2% per day. Is that per year ? That is (1 + 0.002) to the power of the years as shown in post #7.
But there seems to be a desire to get the value any given day during any period.
Then i think you need to provide a dayly intrest rate and raise it to the power of the number of days as appropriate.
Paul
I read one would be compounding 0.2% per day. Is that per year ? That is (1 + 0.002) to the power of the years as shown in post #7.
But there seems to be a desire to get the value any given day during any period.
Then i think you need to provide a dayly intrest rate and raise it to the power of the number of days as appropriate.
Paul
It is more important to do the right thing, than to do the thing right.(P.Drucker)
Better is the enemy of good. (Montesquieu) = French version for 'kiss'.
Better is the enemy of good. (Montesquieu) = French version for 'kiss'.