My fbc current daily rate is @ 0.01178082% calculated from 4.39% (
https://i.ibb.co/BtYZkSH/annual-interest-rate.png) annually but no calculation explains me why:
0,0121944444=4,39/360
0,0120273973=4,39/365
0,0118648649=4,39/370
0,0117066667=4,39/375
Every result differs from the daily rate given to me currently..
Read my previous post please. It explains how the daily interest rate is calculated. Do you quote posts without reading them?
1 + yearly interest rate = (1+ daily interest rate)
3651 + 0.0439 = (1+ 0.0001178082)
365