How would you calculate it assuming compounding? See, the formula you presented assumes a straight line increase, wheras reality has it that as profits increase, the base increases & hence the result increases at a compound rate. So, just curious, does anyone out there have the compounsing formula?
Here, use this assumption: 1 trading month = 22 days.
I'm not all that good at math, to be honest and I REALLY would appreciate it if somebody could lay out the compounding formula for me so I can use it in my own planning. TIA
Imperial Whazoo