How The APY Is Calculated

Compound Interest Equation (Principal + Interest)
A=P(1+i)nA = P (1+i)^nA=P(1+i)n
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: MOVEAPY's epoch is 3 Seconds/epoch, so it is necessary to convert the period to calculate the yield to the number of epochs.

Last modified 8mo ago