how can i calculate % growth per nr. of times? for example, i have 100$ and it grows 1% for 5 days. thanks
+118723 how can i calculate % growth per nr. of times? for example, i have 100$ and it grows 1% or 5 days.
Umm 
12% pa calculated yearly is nominally 1% per month BUT if you are talking real rather than nominal rates then
$$\\(1.12)=(1+r)^{12}\\\\
(1.12)^{1/12} = 1+r\\\\
(1.12)^{1/12}-1 = r\\\\$$
$${{\mathtt{1.12}}}^{\left({\frac{{\mathtt{1}}}{{\mathtt{12}}}}\right)}{\mathtt{\,-\,}}{\mathtt{1}} = {\mathtt{0.009\: \!488\: \!792\: \!934\: \!583}}$$
So 12% compounded annually is equal to approx 0.95 % compounded monthly.
Maybe that helps answer your question. I am not really sure what you are asking :/
hi. i was the one who asked the question. thanks for the answere. what I was tring to find out was a forumla for % of growth for x number of times.
for example, if i have 100$ and it grows 1% EACH DAY in day one i have, 101$, in day two 102.01$, day three 103.0301.
But how i would write it in a formula? 100$ + 1% for 5 times.
