Learn the difference between APR Annual Percentage Rate and APY Annual Percentage Yield. See an example with a principal value and then learn why the amount invested does not matter!
Thank you for the explenation, i only have a question, theoretically you are right about daily compounding, but the problem is, would it maybe be better to not compound daily, in case the fees would make the gains lower? Or would i perhaps make more even compounding daily? Thank you for the answer
FINALLY a good video about APR and APY. Thank you!
If that 1000 were a million that would be pretty significant.
Thanks for this explanation! Helped me a lot!
Thank you!!
this is interesting to learn
Are those called transaction?
Thank you for the explenation, i only have a question, theoretically you are right about daily compounding, but the problem is, would it maybe be better to not compound daily, in case the fees would make the gains lower? Or would i perhaps make more even compounding daily? Thank you for the answer
you make more compounding daily
So if you left it for 10 year you make 340 of 1000. That sucks.
Only compare to daily and semiannually, still didn't explain apy and apr.
I'm leaving more confused than I was before clicking 😭
I swear I fucking hate that we over complicate things more than we have too..