How does Salt Lending Profit Calculator Works?
This Salt Lending Profit Calculator uses a simple mathematical principal to calculate the ROI of Salt Lending. It fetches the historical Salt Lending price from the database and compares with current Salt Lending Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Salt Lending you would have got by investing x$'s on that day ($x/price of Salt Lending). Now it calculates the current price of that amount in USD (current Salt Lending price * amount of Salt Lending 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_SALT_price = Price of SALT in past date;
$quantity_SALT = Quantity of SALT in past = $amount invested / $price_on_that_day;
$price_SALT = Current price of SALT;
$USD_today = ($price_SALT * $quantity_SALT) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Salt Lending you can check it here: Salt Lending Price Prediction. This predictions are based on various algorithms applied on the historical price of the Salt Lending.
If you have any query regarding the above calculator you can comment it in comment box below.