[Sean]

Yeah, you’re missing that is the compound growth rate. If something starts at $100 and gains 10% year one and 10% year two, it “should” be worth $120. Except that’s not correct.

After year 1 it grew 10% to 110. Then year two it grows 10% which is $11 to $121.

[Kirill]

I’m not 100% on the differences you’re seeing/ what motivated you to check the math on this reporting – but it sounds like you could be missing out on some compounding effects if you’re only looking at month-to-month balances.

[Author]

Posts