Daily accured interest, abbreviated as DAI, is the interest amounts are added to the account balance every day.
Daily Accured Interest Formula |
| \( DAI \;=\; \dfrac{ \dfrac{ IA \; \dfrac{ t }{ 365 } \; i }{ 100 } }{ t } \) |
| Symbol |
| \(\large{ DAI }\) = daily accured interest |
| \(\large{ t }\) = time period |
| \(\large{ i }\) = interest rate |
| \(\large{ IA }\) = investment amount |
