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January 12, 2014, 11:03:21 PM |
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I have an 80-10-10 system I want to try (80% Day Trade, 10% into my "BTC Bank", and 10% into a Cash Reserve for when the market bleeds/opportunity shows itself).
I'd like to try to implement this daily, the 80-10-10...but first I need to know of any potential calculators/math equation that can solve this:
1. Original Investment, $750
2. 1.5% Profit per day needs to be made on the investment of the previous day's total.
Example:
1. 750.00 + 11.25 = 761.25
2. 761.25 + 11.41 = 772.66
3. 772.66 + 11.58 = 784.24
4. 784.24 + 11.76 = 796.00
5. 796.00 + 11.94 = 807.94
6. 807.94 + 12.11 = 820.05
1.5% of the initial starting point needs to be made, which is considered $11.25, then the following day it's another 1.5% of the total earning made ($11.41 off of the $761.25), and it rises further and further, based off of my knowledge of the "A Penny a Day Doubled Every Day for 30 Days" concept (although in this case, it's not doubled, but the basis of it is similar, just in a 1.5% gain off each day).
3. Of the 1.5% gain made daily 10% of that goes into bank at 0% interest and another 10% goes into cash account.
4. Each day you add your gains to the original investment minus 20% (for bank and cash accounts) made in gains the previous day. How much would you have in each account after 1 year?
Daily Trade Account (80) = ?
Bank Account (10) = ?
Cash Account (10) = ?
I can do the problem myself slowly but surely, but I need to find a much quicker equation/calculator (preferred) that can simply do this for me up to a year.
TLDR; I need to find a calculator or appropiate math equation that can figure out my 1.5% daily gains up to a year
Example: $750 + $11.25 (<-the 1.5% of 750) = 761.25
$761 + $11.41 = 772.66
What is the potential earnings I can make off of the initial $750 investment, with a 1.5% made each day, then 1.5% of the previous days earnings, and so on as shown in the example.
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