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RE: Crypto Academy / Season 3 / Week 3 - Homework Post for professor @imagen
Thank you for participating in Season 3 of the Steemit Crypto Academy.
| Scale of Estimation | Score | Observations |
|---|---|---|
| Question 1 | 2.5 | Numerical inconsistency |
| Question 2 | 2.5 | |
| Question 3 | 1.5 | |
| Qualification | 6.5 |
Congratulations, you made a great effort, however, the correct calculation of the amount at the end of 1 year of 0.32144 staked cakes is: 0.32144 x (1 + 1.0038) = 0.64410 cakes, which multiplied by the value in the token market, gives you its equivalent in USD. I really don't know where the value of 40.06% comes from, which is practically 60% lower than the APY offered by the platform (100.38%).
Continue to strive, I look forward to continuing to correct your next assignments.
Thank you very much for your guidance and corrections professor @imagen, I really appreciate, I have really learnt alot from your lecture