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RE: Hive and My Road to 30000 Hive Power + Il mio Power UP Day / Hive e il mio percorso verso i 30000 Hive Power (ENG/ITA)

in LeoFinance • 3 years ago (edited)

The APR calculation is extremely simple for HBDs.
If an APR is 20% it means that if you invest 1000 HBD after one year you get 1200 HBD = 1000 HBD (initial investment) + 200 HBD (interest).
This is different if you want to compound and the interest you receive each month you want to put in savings, in that case you should calculate the APY and not the APR ;)
!BEER

3 years ago in LeoFinance by
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     3 years ago  

    Ok yeah I got that part down I was just wondering how do I find out how much I get daily? I only have 10.619 in HBD savings. How would I find out how much I daily get with APY? Also t hank you for the answers I greatly appreciate it.

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