With all due respect I think there's a mistake in your calculation. after 5 years compounding daily I am getting $4 more on top of my $100 (that 0.9% needs to be divided by 365;)
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With all due respect I think there's a mistake in your calculation. after 5 years compounding daily I am getting $4 more on top of my $100 (that 0.9% needs to be divided by 365;)
Your math is wrong. And I read your "paper" about the parabolic behavior. You don't seem to have a scientific background, do you?
Yea I got that...the 0.9% is a daily rate not yearly...if my math is wrong you can just point out where the issue is like a "scientist", if you are, instead of having an attitude!
100x(1+(0.009))^(5x365)