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kevus2018-09-30 21:23:07
Mathematics
kevus, 2018-09-30 21:23:07

What is the formula for compound interest?

Hello. I am a doppelgänger. Those formulas that are on the network are not entirely clear.
How is compound interest calculated?
When we have:
100 (for example, the body of the deposit, down payment)
2% (interest per unit of time, for example, per day) - the nominal interest rate.
Need a formula here
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Dimonchik, 2018-09-30
@dimonchik2013

damoney.ru/finance/slozniy-procent.php
only for the day off usually, weekly minimum

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