1) You make 0.4% per day in interest in perpetuity. 2) It cost $1 reinvest your interest you accumulate to compound (e.g. adding to your principal so it can make 0.4%). Question: How much interest...

1) You make 0.4% per day in<br>interest in perpetuity.<br>2) It cost $1 reinvest your<br>interest you accumulate to<br>compound (e.g. adding to your<br>principal so it can make 0.4%).<br>Question: How much interest<br>should you accumulate before<br>compounding it and paying $1<br>I feel like this is not as simple as<br>saying; compound when 0.4%<br>of the total interest earned<br>exceeds >$1<br>Maybe l'm wrong<br>

Extracted text: 1) You make 0.4% per day in interest in perpetuity. 2) It cost $1 reinvest your interest you accumulate to compound (e.g. adding to your principal so it can make 0.4%). Question: How much interest should you accumulate before compounding it and paying $1 I feel like this is not as simple as saying; compound when 0.4% of the total interest earned exceeds >$1 Maybe l'm wrong

Jun 04, 2022

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1) You make 0.4% per day in interest in perpetuity. 2) It cost $1 reinvest your interest you accumulate to compound (e.g. adding to your principal so it can make 0.4%). Question: How much interest...

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