say you have $10,000 in... end of the year you make $1954 (since 19.54% apy). Now.... 1954/365 = $5.35 daily. Shouldnt that number be a bit lower? $1954 yearly return is based off apy so I dont see why daily return should be $5.35
Add a round number, wait 24 hours, and check the new number 😜
Anyone? Since it's compounded.. I dont expect that daily number to be consistent at just over $5 for the example
It'll be lower
Yeah thought so
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