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Dandelion Mané
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Published
Edited
Feb 26, 2021
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md`# Double Compound Interest`
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xAnnual = 1.1
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yAnnual = 1.05
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xDaily = Math.pow(xAnnual, 1 / 365)
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xError = Math.pow(xDaily, 365) - xAnnual
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yDaily = Math.pow(yAnnual, 1 / 365)
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yError = Math.pow(yDaily, 365) - yAnnual
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compoundDaily = xDaily * yDaily
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compoundAnnual = Math.pow(compoundDaily, 365)
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naiveCompoundAnnual = xAnnual * yAnnual
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