How does LakeBanker Profit Calculator Works?
This LakeBanker Profit Calculator uses a simple mathematical principal to calculate the ROI of LakeBanker. It fetches the historical LakeBanker price from the database and compares with current LakeBanker Price and calculate the profit or loss made on it.
It does this simple calculation get the amount LakeBanker you would have got by investing x$'s on that day ($x/price of LakeBanker). Now it calculates the current price of that amount in USD (current LakeBanker price * amount of LakeBanker purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_BAC*_price = Price of BAC* in past date;
$quantity_BAC* = Quantity of BAC* in past = $amount invested / $price_on_that_day;
$price_BAC* = Current price of BAC*;
$USD_today = ($price_BAC* * $quantity_BAC*) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of LakeBanker you can check it here: LakeBanker Price Prediction. This predictions are based on various algorithms applied on the historical price of the LakeBanker.
If you have any query regarding the above calculator you can comment it in comment box below.