How to calculate the profitability of investments using compound interest using Azure SQL Server to perform financial calculations
Compound Interest: 🔹Understand the concept of compound interest and how to calculate the final amounts of your investments over time;🔹Conversion from Annual to Monthly Profitability: Learn how to convert the annual rate of return into a monthly rate for more frequent calculations; 🔹Hierarchy of Records (CTE): Explore how to create a hierarchy of records by using a Common Table Expression (CTE) to calculate amounts over years or months; 🔹Investment Comparison: Compare different financial products, such as savings, CDB with 99% of the CDI and Treasury Direct, to make informed decisions.
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