Formula for Calculating APY

Compound Interest Equation (Principal + Interest)
A=P(1+i)nA = P (1+i)^nA=P(1+i)n
Where:
A = Total Accrued Amount (principal + interest)
P = Principal Amount
i = Interest Rates per Epoch
n = The number of Epochs in the period to be calculated.
Note: INUB's epoch is 8 minutes/epoch, so it is necessary to convert the period to calculate the yield to the number of epochs.
Example: You start with $5 at an interest rate of 0.01510%/epoch and you hold for 1 year. So after 1 year you will receive the amount (Principal + Interest) as: $101,659.99
A=5(1+0.000151)65700=101,659.99A=5(1+0.000151)^{65700}=101,659.99A=5(1+0.000151)65700=101,659.99
Last modified 9mo ago