HIGHEST FINANCE
Search…
β„Ή
How the APY is Calculated

Compound Interest Equation

A=P(1+r)nA = P(1 + r)^n
Where:
  • A = Total Accrued Amount (principal + interest)
  • P = Principal Amount
  • r = Rate of Interest for each epoch (3 seconds)
  • n = # of epochs
We have: r = 0.000000858% 4 second = 1 epoch 1 year = 7.905.600 epochs
So:
A=P(1+0.000000858)7905600=P(1+8259.92)A = P(1 + 0.000000858)^{7905600}= P(1+8259.92)
So it means,
APY=(A/Pβˆ’1)βˆ—100=825992.73APY =(A/P -1)*100 = 825992.73 %
Same goes to other time periods.
Amonth=P(1+0.000000858)15βˆ—60βˆ—24βˆ—30=P(1+1.0986)A_{month}=P(1+0.000000858)^{15*60*24*30}=P(1+1.0986)
Aweek=P(1+0.000000858)15βˆ—60βˆ—24βˆ—7=P(1+0.1888)A_{week}=P(1+0.000000858)^{15*60*24*7}=P(1+0.1888)
Aday=P(1+0.000000858)15βˆ—60βˆ—24=P(1+0.025)A_{day}=P(1+0.000000858)^{15*60*24}=P(1+0.025)
Ahour=P(1+0.000000858)15βˆ—60=P(1+0.001)A_{hour}=P(1+0.000000858)^{15*60}=P(1+0.001)
Aminute=P(1+0.000000858)15=P(1+0.0000858)A_{minute}=P(1+0.000000858)^{15}=P(1+0.0000858)
0.0000858% per block (4 seconds) 0.00128% per minute 0.07% per hour 1.85% per day 12.978% per week 51.89% per month 622,705.81% per year (APY)

Example:

P = $1,000
A = (After 1 year) = $ 6,222,705.81
Copy link
On this page
Compound Interest Equation
Example: