Inspiration
Challenge to complete my first hackaton
What it does
A calculator to have the Return of Rate (Ror) of an investment but also the annualized RoR which is a metric that facilitate comparison the performance of different investments. Also some visuals to understand better this annualized Ror & benefits of compound interest
How we built it
With python using the platform https://mecsimcalc.com. This platform is really nice & give you opportunity to quickly develop an app using 5 steps. It is also facilitates de output using a rich text formatting + Jinja layout (instead of pure html)
Challenges we ran into
I have add an extra 'complexity' by offering possibility to introduce part of yer (quarter). The number is then expressed in decimal (eg 5,25 for 5 years + 1 quarter). The point was I want to reflect this as well on the graph & calculation reflecting compound interest. I realize at that moment the limitation of calculation in ninja.
Accomplishments that we're proud of
Was able to use quickly memsimcalc & generate an output with not only text but dynamic graphes.
What we learned
I realize power and limitation of Jinja
What's next for Annualized RoR calculation on MecSimCalc
Maybe a similar calculator where Annualized Ror is the input, the output being the number of year needed to reach a certain amount/target
Built With
- memsimcalc
- python
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