What is the formula for calculating the percentage yield of a digital currency?

3 answers

• JATIN ThakurApr 09, 2022 · 3 years ago
  Sure! The formula for calculating the percentage yield of a digital currency is (Current Value - Initial Investment) / Initial Investment * 100. This formula takes into account the difference between the current value of the digital currency and the initial investment, and expresses it as a percentage of the initial investment. It's a simple way to measure the return on investment for a digital currency.
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• McCurdy McGarryMar 27, 2023 · 2 years ago
  Calculating the percentage yield of a digital currency is pretty straightforward. You just need to subtract the initial investment from the current value of the currency, divide that by the initial investment, and then multiply by 100 to get the percentage. It's a useful metric for evaluating the performance of a digital currency investment.
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• LouanOct 20, 2022 · 3 years ago
  When it comes to calculating the percentage yield of a digital currency, there are a few factors to consider. First, you need to determine the current value of the currency and subtract the initial investment. Then, divide that difference by the initial investment and multiply by 100 to get the percentage yield. Keep in mind that this formula doesn't take into account any transaction fees or other costs associated with buying or selling the currency. It's a basic calculation that provides a general idea of the return on investment.
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