The process involves three key steps. Take the net interest income earned by the fund over the last 7 days and subtract 7 days of management fees. To utilize the 7 day apy calculator, enter the required information in the provided input fields.
Def calculate_seven_day_yield (start_price, end_price, distributions, fees): Then, multiply by the annualization factor). It is typically calculated in view of the fund's.
It can also be calculated using a bank. (0.0001 * $1000) / 365 ~= $0.000274 per day. So if you invested $1000 for 30 days: Enter the beginning value, ending value, income earned, and the number of days (typically 7 for a week).
Divide that dollar amount by the average. The calculation is performed as follows: Press the calculate button to obtain the 7 day yield. This will give you an estimate.