Daily Compound Interest
com.jodaland.dailyinterest
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Description
Daily Compound Interest is simple and easy app to use.
calculator for earnings you might receive on your investment over a fixed number of days, months and years. You may find this useful calculator to forecast your future profits and for investments like stocks and cryptocurrencies
the interest you have earned over a period of time is calculated and then credited back to your starting account balance. In the next compound period, interest is calculated on the total of the principal plus the previously-accumulated interest.
The more frequently that interest is calculated and credited, the quicker your account grows. The interest earned from daily compounding will therefore be higher than monthly, quarterly or yearly compounding because of the extra frequency of compounds