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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 LeoFinance3 years ago

Hey sorry to bother you here libertycrypto27 but is there any possible chance you would know how to calculate the APR for the HBD savings? I know it's at 20% right now, no one on any of the Hive Engine platforms has responded to me and I know you always calculate these types of things. It's been 2 months since I last commented on your post and it was in regards to the HashKings APR but now it's about HBD APR.

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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

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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Learn how to earn FREE BEER each day by staking your BEER.