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Daily Compound Interest ની ગણતરી કેવી રીતે કરવી

Daily Compound Interest શું છે?

Daily compounding accumulates interest every single day, providing the most frequent compounding in typical banking. It results in slightly higher returns than monthly or quarterly.

સૂત્ર

A = P(1 + r/365)^(365t) where r is annual rate and t is years

પગલું દ્વારા પગલું માર્ગદર્શિકા

  1. 1Enter principal P, annual rate r, and time period t in years
  2. 2Apply the daily compound formula
  3. 3Result shows final amount after all compounding periods

Worked Examples

ઇનપુટ
P = $10,000, r = 4%, t = 5 years
પરિણામ
A ≈ $12,214
Daily compounding over 5 years

Common Mistakes to Avoid

  • Using 360 days instead of 365
  • Confusing monthly and daily rates

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