#العملات_البديلة
If a person has $1000 and every day I make only one transaction with a profit rate of only 0.5%, then over a year how much will the profit be and what will the total amount be?
✅ Data:
• Capital = $1000
• Daily profit rate = 0.5% = 0.005
• Number of days in a year (we consider 365 days)
✅ Equation:
We use the compound interest formula:
\text{Final Amount} = P \times (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 dollars
• Profit percentage = 517%
Can you imagine that just half a percent compounded turned into 517% and no bigger company in the world or business reaches this number 🥴😅