Compound Interest Equation
A=P(1+r)n Where:
A = Total Accrued Amount (principal + interest)
r = Rate of Interest for each epoch (3 seconds)
We have:
r = 0.0000008755%
3 second = 1 epoch
1 year = 10512000 epochs
So:
A=P(1+0.0000008755)10512000=P(1+8259.92 So it means,
APY=(A/P−1)∗100=992,936.66 Same goes to other time periods.
Amonth=P(1+0.0000008755)20∗60∗24∗30=P(1+1.09862 Aweek=P(1+0.0000008755)20∗60∗24∗7=P(1+0.1888) Aday=P(1+0.0000008755)20∗60∗24=P(1+0.025) Ahour=P(1+0.0000008755)20∗60=P(1+0.001) Aminute=P(1+0.0000008755)20=P(1+0.0000171) 0.00008755% per block (3 seconds)
0.001751% per minute
0.1576% per hour
3.789% per day
26.82% per week
120.15% per month
992,936.66% per year (APY)
Example:
P = $1,000
A = (After 1 year) = $ 8,275,265