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Interest Calculation
Vera uses a
daily
compounding interest rate mechanism based on binomial expansion.
k = Amount
N = Total days
q = 365 * 100 / interest rate
k
∗
(
1
+
1
/
q
)
N
k * (1+1/q) ^ N
k
∗
(
1
+
1/
q
)
N
For more
info
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Audit Report
Last modified
2yr ago