#CryptoMarket4T #العملات_البديلة
If a person has 1000 US dollars, and makes only one deal daily with a profit rate of just 0.5%, what will be the profit percentage? And what is the total amount over a year? ✅ Data:
• Capital = 1000 US dollars
• Daily profit rate = 0.5% = 0.005
• Number of days in a year (considering 365 days)
✅ Equation:
We use the compound interest formula:
\text{Final amount} = P × (1 + r)^n
Where:
• P = 1000 (capital)
• r = 0.005 (daily rate)
• n = 365 (number of days)
✅ Result:
• Net profit over a year = 6170 - 1000 = 5170 US dollars
• Profit percentage = 517%
Imagine that only half a percent of compound interest has become 517%, and even the largest company or corporation in the world does not reach this number 🥴😅