Hello,
I need some help on a calculation.
LETS STATE FOR EXAMPLE, I INVEST $ 10 PER DAY. I WISH TO LINK THIS TO A STOCK (Name : X).
THIS $ 10 INVESTED EACH DAY IS LINKED TO THE MOVEMENT OF THE STOCK X.
WHAT WILL BE THE COMPOUNDED RATE OF INTEREST & SIMPLE RATE OF INTEREST ON THE $ 10 INVESTED EACH DAY ?
NOTE : THE STOCK TRADES FOR JUST 253 DAYS A YEAR NOT 365.
I can even email this sheet to U for better communication.