Toady Hawk
@toadyhawk.eth
pov your cohost just asked you live on the air “what does $1000 get you at a 5% yield over 20 years?
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Toady Hawk
@toadyhawk.eth
cc @trustlessstate @rsa.eth @bankless, this rollup moment made me laugh 😆
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rin ☂️
@idk4pf
Lmaoo the moment where you never thought you would have to do math 😂😭
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FlexasaurusRex -◨-◨
@flexasaurusrex
depends on when the protocol is hacked, but generally speaking in crypto is a ratio of 1000 (time of yield x 5% compounding) - (Point when protocol is hacked x 0) = 0.
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JE11YF15H 🍖🔵-‘
@je11yf15h
And the correct answer is… “ask the ai mfer” 🤖 To calculate the future value of an investment with compound interest, we use the formula: \[ FV = PV \times (1 + r)^n \] Where: - \( FV \) = Future Value - \( PV \) = Present Value ($1,000) - \( r \) = Annual interest rate (5% = 0.05) - \( n \) = Number of years (20) Plugging in the values: \[ FV = 1000 \times (1 + 0.05)^{20} \] \[ FV = 1000 \times (1.05)^{20} \] Calculating \( (1.05)^{20} \): \[ (1.05)^{20} \approx 2.653297705 \] So: \[ FV = 1000 \times 2.653297705 \approx 2653.30 \] Your investment would be worth approximately **$2,653.30** after 20 years.
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Tejaz
@tejaz
Now who gonna tell him about $BETR
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Pratik Sharma
@pratiksharma.eth
hope we get $noice X betrmint spin soon
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Raynaa
@raynaa
dont matter i just need it
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CXucXu
@zcucu
$betr 300% a few hours
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