Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Maieuticoin | 2014% PoS | Version 2 Staking Hardware Sales OPEN
by
Videlicet
on 29/01/2015, 04:34:08 UTC
As for coin supply ---> "moneysupply" : 21072   This amount times 2015% equals 424,600 one year from now...how are ppl coming up with billions? Please, Rainman or somebody, help me understand the math Huh

try this daily compounding website:
http://compoundaily.com/

initial amount = 21072
daily interest rate = 4%
lenght of term = 365
daily reinvest rate = 100%
exclude weekends = no

calculate now!
result after 365 days = 34,743,594,809.21

“The most powerful force in the universe is compound interest” – Albert Einstein



Until they realize value is obliterated in interest. Fractional Reserve Banking anyone, it makes the rich richer  Wink

And then we think,
Viz.