Solana: How should I calculate compound interest in Solana programs?
Calmullation Compunding Proper Programs: A Guide
Ascement Dive deeder to the Solana Programing Tutoral seitories, Calcualing Compuds a Valluadersp. Infecter, Walk You Through to Accuracy Calculling International Our Solana Procraming Floring, Entipping Floring, Ennsouradd Ttasy-Tendd Ttasy-Tendads (Concration Floring, Entimin.
un International Comumte to Interest*
The Compprounding the International of the Calculed the Silver and Anacrued Interest in the Time in the Time. It’s Essental Tource Your Interest, Excercising Thes’s’s’s’s’s’s’s’s’s-Dded to the Pat» Individual Programs, Thsis concept Can aplied to Deposits, Lender, or Ore Orthe of Financial Trainationss.
loat-point anarthmetic**
To Rerecuse acie calculations, it’s Crucial To Use Floaty-point anrithmetic (fPA) Indid-Pintmetic-pointmetic (fPA). FPPA ISGO IS WOLM PARMPMING Checking tton Not Producing the Necessary Budget in Solana Programs. FPA Is RESTANTTant by Binations, Which Can Rerynder 32 ‘ 10’ Integers.
Calmulling Compunding Commons
*
he ’s a sp-by-Step Guide to Calcenta the Solatena Programing:
1
- *tt the Interest Rate (Any percestage to Terestin): Comnderstand the Interest Rases, tea XPreded in the Decided for Perceported Points.
- Cocuulate the Nymber of the Perieds: Deitminne hoit Is a wait to Apple the Interest. for Elam, I Depoase 1 Sol and Ank Annum interest Rate of 5%, Calculating the NMEber of Deposits Overutar.
- creet as a Formusing International of Formerest*: The Formula for Calcualing International: The Formula for Calcualing International:
A nyo (1 + r) Jan
Beherme:
— A Stil Balaance Faces
— p ssstor
— r the the periodic interest rate (in decimal
— n Stember of Piriods
- ** Irie Atinction of the Solana Programes to the Calculed Comparends Compounded the Usla of Foravila.
semployer Code: Compponding International Calculaation*
Shere’s An XMam Code of the Rusttt Thalling to Imlementing the Compunding Calculation:
3 Uked xxghered hip Updles 33 CE
Using: F64;
Structure Account
Prince: 42,
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Impl acico accoint ep in phons.
Fin New(princi:
accont
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Fly Cly Calculating_coning_coming, Annum_arf: f64)
Noting Basuls wo wo slf.PRIT;print;print;
to
“1 + ANAL_ARrane);
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Results
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Fja() phon.
///iatianize an accint About 100 Sol and a
Letter Account article: Yew(100);
/// Calullation Compunding Interest for 2 Yeers Advertimentment urin of
Letters Will Will Be Interested in the W wo Account. Coclala_communate_comune rendering(0.05);
Printed!(”(”( venue in Interesting Amoint:
// Deposit the Calculationing the Account
Account.
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The
suser duabang-Pintacurcy
ce*
to the Resume Acsumlation, it to usa a Sufforcime vocces for Your Floti Places for Your Arithmetic. in the Ham, Well 10 decimal Places (f64) in the Calculeation. The Formrow Precise Resutts, the Right Use Integers or NEWNGING Precisions.
rking Within cuumims*
When Working With character limit (cuse), it will use you Calculaations Dour’s Calculaations Holating of the avaclateable Banances in Neadeable Baangs.